Cyber insurance claims surged by 40% over the past eighteen months, while ransomware payments have dropped by 44%, according to a new report from Cowbell Cyber. The three most common incident types were data breaches, cybercrime (including phishing and business email compromise), and extortion attacks (including ransomware).

Cyber insurance claims surged by 40% over the past eighteen months, while ransomware payments have dropped by 44%, according to a new report from Cowbell Cyber. The three most common incident types were data breaches, cybercrime (including phishing and business email compromise), and extortion attacks (including ransomware).

Source: KnowBe4
Source Link: https://blog.knowbe4.com/ransomware-attacks-drive-a-surge-in-cyber-insurance-claims