Cybersecurity experts have warned that the payment of hacking ransoms by insurance companies is worsening the long-term threat posed by file-locking malware attacks. For the insurance companies, she argued, the key goal is to get the problem fixed at the lowest price – and that means paying the ransom. The WannaCry ransomware attack on May 7 was one of the most devastating in history, causing widespread disruption across multiple industries and disrupting operations at hospitals, banks and other institutions.
Cybersecurity experts have warned that the payment of hacking ransoms by insurance companies is worsening the long-term threat posed by file-locking malware attacks. The WannaCry ransomware attack on May 7 was one of the most devastating in history, causing widespread disruption across multiple industries and disrupting operations at hospitals, banks and other institutions.