The insurance cost is increasing due to rising ransomware attacks. This is causing a lot of stress within insurance companies and insured companies. An HBR post

The insurance cost is increasing due to rising ransomware attacks. This is causing a lot of stress within insurance companies and insured companies. An HBR post cited that this is a new niche for insurance companies and 5 big ransom demands can wipe out the insurance premium they collected from 250 customers. Relevant analysis here: http://www.vendormanagementoffice.net/2021/06/cyber-insurance-price-going-up-should.html http://www.vendormanagementoffice.net/2021/06/cyber-insuranc...