Insurer AXA says it will no longer cover ransomware payments in France

Insurance giant AXA has said that it is no longer writing cyberinsurance policies in France that cover ransom payments to extortionists. AXA’s decision, which appears to be a first for the cyberinsurance industry, will still it still reimburse companies for the cost of responding and recovering from a ransomware attack – but will not cover […]

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