Tag Archives: Ransomware

If You Don’t “WannaCry” After A Cyber Attack, Review Your Cyber Insurance Coverage

Beginning last Friday, and still occurring today, one of the worst and most widespread malware attacks has impacted more than 200,000 victims in at least 150 countries, including Britain’s National Health Service, FedEx, telecommunications companies Telefonica and Megafon, and automakers Renault and Nissan. The malware, known as “WannaCry,” disables the user’s computer system and all … Continue Reading

Gaps, Gaps Galore: Avoid Being Locked Out Of Your Room, Your Records And What You Think Is Covered By Your Insurance

Reports of recent cyberattacks continue the discussion we started with yesterday’s blog post about common hurdles to coverage.  The hurdle for today’s discussion?  Ransomware. Ransomware attacks are on the rise.  Security services company SonicWall reported that ransomware attacks increased by a factor of 167, from 3.8 million in 2015 to 638 million in 2016.  Similarly, … Continue Reading
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