Episode 13: Is the Risk of Ransomware too High for Cyber Insurance?

To pay or not to pay – that is the question when it comes to ransomware. Is it better to hold your ground and discourage future data hostage situations or pay up and cut your losses? Recently, some cyber insurance companies have switched sides in the debate, refusing to reimburse ransomware payments to cybercriminals. In this episode of Cybersecurity Simplified, we’ll discuss this trend and what it means for the future of cybersecurity risk strategies.