White Paper

3 Vital Ransomware Realities Every Business Needs to Know to Remain Protected

Insureds facing a ransom should know ahead of time that they are covered. Here’s what they should be on the lookout for and the steps that will help mitigate the risk.

White Paper Summary

Cyber security is not a novel concept for companies, but it’s something that has been top of mind, especially in the last few years. No doubt the coronavirus and its sequential work-from-home mandates disrupted the cyber protection game in the last 12 months alone. Phishing schemes and ransomware attacks have since been on the rise.

In fact, one report shows that ransomware has increased by 239% since 2018. Additionally, payments made due to ransomware demands have tripled in the last two years alone.

To learn more about Allied World please visit their website.

Allied World is a global provider of innovative property, casualty and specialty insurance and reinsurance solutions.

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The R&I Editorial Team can be reached at [email protected]