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Cyber Reinsurance

Broken green umbrella in park on rainy day showing increased cyber reinsurance rates due to ransomware attacks
Cyber SecurityNews

Cyber Reinsurance Rates Through the Roof Following Rash of Major Ransomware Attacks

July 9, 2021
As major ransomware attacks continue to be an almost-weekly news item, companies up for policy renewal are getting an unpleasant surprise. Reinsurance broker Wills Re reports that cyber reinsurance rates are up by as much as 40% across the industry.
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