Beazley Report Shows Need For Broad Ransomware Coverage

By Jeff Sistrunk (October 27, 2016, 9:04 PM EDT) -- Data breach insurer Beazley issued a report Wednesday projecting a fourfold increase in ransomware attacks among its clients over last year, highlighting the growing threat of cyber extortion and serving as a warning to policyholders to ensure they have sufficiently broad insurance coverage to cover ransom payments and response costs, experts say....

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