Insurers run from ransomware cover as losses mount

By

Halve the amount of cyber cover they provide.

Insurers run from ransomware cover as losses mount
Insurers have halved the amount of cyber cover they provide to customers after the pandemic and home-working drove a surge in ransomware attacks that left them smarting from hefty payouts. Faced with increased demand, major European and US insurers and syndicates operating in the Lloyd's of ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

NSW Police to embark on $126m IT overhaul

NSW Police to embark on $126m IT overhaul

CBA looks to GenAI to assist 1200 'security champions'

CBA looks to GenAI to assist 1200 'security champions'

Australia's super funds told to assess authentication controls

Australia's super funds told to assess authentication controls

WestJet probes cyber security incident

WestJet probes cyber security incident

Log In

  |  Forgot your password?