Tags AXA

Cyber insurance market encounters ‘crisis moment’ as ransomware costs pile up

by Tim Starks

The woes within the industry could mean significant ramifications for policyholders.

Japan's Tokio Marine is the latest insurer to be victimized by ransomware

by Tim Starks

It's the third to announce a successful attack since March.

Burgeoning ransomware gang Avaddon appears to shut down, mysteriously

by Tim Starks

The group had become increasingly prolific, but there were no clear answers for why Avaddon disappeared.

Insurer paid $65,000 to help a city unlock ransomware in 2018. A second hack was more expensive.

by Tim Starks

The city of Azusa didn't disclose a payment in one incident, insurance paid up and now it's a victim again.

Ransomware strikes AXA shortly after insurer announces it will stop covering extortion fees

by Tim Starks

AXA joins CNA Insurance as a recent ransomware attack victim in the insurance industry.

Experts suggest French insurer AXA's plan to shun ransomware payouts will set a precedent

by Tim Starks

AXA's decision was surprising only in how long it took to become an apparent industry first.

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