Wednesday, May 19, 2021

That's where the cyber-insurance money is

from here

I have to be honest that it never occurred to me that cyber-insurance companies fueling ransomware gangs was a problem that could solve itself, but if what happened between AXA and Avaddon catches on then maybe it could. If more ransomware operators that prefer victims with cyber-insurance realize they could cut out the middleman and go straight for the cyber-insurance companies then that could force the cyber-insurance industry to change how it does business.