Rising Ransomware Threats And Their Insurance Solutions

By Robert Chesler (July 5, 2017, 2:25 PM EDT) -- Over the past five years, companies have become conversant with a broad range of cyberthreats. Often to their dismay, companies have learned of data breach and hacking, and phishing, spear phishing, spoofing and social engineering. Ransomware, which previously had not received as much attention in the world of cyberthreats, is now in the first rank of corporate concerns. Massive attacks like Wannacry and the attack on June 27 put everyone at risk. The June 27 attack specifically targeted a law firm, DLA Piper....

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