Organizations would like the government to help with ransomware demand costs

Businesses are increasingly concerned about how they will meet ransomware demands. Only 19 percent of those surveyed have ransomware coverage limits above $600,000, while over half (59 percent) hoped the government would cover damages when future attacks are linked to other nation-states, according to BlackBerry Limited and Corvus Insurance. SMBs, who have become a favorite criminal target, are especially feeling the heat. Of businesses with under 1,500 employees, only 14 percent have a coverage limit … More

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