#RiskManagement

Companies Struggle Despite Paying Ransom

Ransomware attacks have become a relentless threat, with nearly one-third of companies paying a ransom four or more times in the past year to regain access to their systems, according to Semperis. More than a third of companies either didn’t receive decryption keys or received corrupted ones, leaving them without …

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Businesses Struggle with getting Cyber Insurance

US businesses are facing significant challenges in obtaining cybersecurity insurance due to rising premiums and restrictive policies. Experts highlighted the complexity and variability of insurance terms, particularly for smaller operators. Cyber insurance policies are difficult for companies to interpret and understand their coverage. The increasing threat of state-sponsored cyberattacks on …

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