Tags insurance
Two cyber insurance industry initiatives grapple with rise of ransomware
CyberAcuView and the APCIA are two different answers to a phenomenon rocking the cyber insurance industry.
Insurer paid $65,000 to help a city unlock ransomware in 2018. A second hack was more expensive.
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
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
AXA's decision was surprising only in how long it took to become an apparent industry first.
CNA shares details about ransomware attack, recovery effort
CNA said it had restored email function and implemented new security measures.
Top insurer CNA disconnects systems after cyberattack
It could be a "nightmare scenario" for CNA and others if hackers get ahold of policyholder information.
