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by VendorManager 1826 days ago
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-insuranc...