The moment every boardroom dreads
There is a moment in almost every ransomware negotiation — usually around 36 hours, when legal, IT and the CFO are all in the same room — when someone says it out loud: “Let’s just see what the insurance covers.” That instinct, understandable as it is, has become one of the most expensive assumptions in modern business. The threat landscape has moved on.
The insurance market is moving on with it. And the organizations still treating cyber insurance as their primary recovery strategy are flying into a storm with a beach umbrella.
How ransomware became a business
Criminal groups don’t think in generations — they follow the money. Early campaigns were blunt ins...