Higher risks and premiums are creating critical gap in cyber insurance
Many organizations are increasingly unprepared to deal with the skyrocketing costs of a ransomware attacks, at a time when the number of incidents and the payments demanded by cybercriminals are rising rapidly.
It found that 11 percent of ransomware victims last year said they paid ransoms of $1 million or more – a 4 percent increase over 2020 – and that the percentage of those that pay less than $100,000 dropped from 34 percent two years ago to 21 percent in 2021. ."While the costs of suffering a targeted cyberattack or breach continue to climb, their ability to insure themselves against a possible cyber disaster dwindles."that found a typical data breach would cost the average organization $2.4 million, which includes the investigation and recovery.
Belgique Dernières Nouvelles, Belgique Actualités
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