Better Resilience Sees More Extorted Companies Refuse To Pay Their Ransomware Attackers

Better Resilience Sees More Extorted Companies Refuse To Pay Their Ransomware Attackers

There’s some possibly good news on the ransomware front. Companies are becoming more resilient to attacks, and the ransom payments extorted from businesses by hackers are on a downward trend. That’s one of the findings of insurance broker Marsh, which conducted an analysis of the more than 1800 cyber claims it received during 2023 from its clients in the United States and Canada. According to Marsh, ransomware attacks were linked to less than 20% of all claims made to the firm during the last year. Instead, claims were often driven by other factors. These factors include the “increased…

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Source:TripWire – Graham Cluley