Cyber insurance sees 42 percent more claims and larger losses

BetaNews
By Ian BarkerOct 21, 2021, 9:16 am187 pts
Research from commercial insurance provider Corvus reveals that businesses are making more claims and experiencing larger losses from cyber incidents. Ransomware claims that resulted in payments to fraudsters are down though, mostly due to improved backup processes and greater preparedness. In the third quarter…

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