Insurance Increases Ransomware

This isn't going to be popular but here goes ...... insurance companies are driving the increases in ransomware attacks. Companies, and their insurers, who suffer ransomware attacks prefer to have their insurance policy pay the ransom. But when they pay the criminals just become more emboldened. Cyber insurance is fuelling this cyber crime and the insurers will keep paying out as long as it is cheaper than the loss of revenue they have to cover otherwise. It's a broken relationship. #cybersecurity #cybercrime #cyberinsurance #ransomware #ciso