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Ransomware Claims
Attacks, payouts and exclusions.
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Latest in Ransomware Claims
Cyber risk never sleeps - neither should cyber protection
3+ day, 16+ hour ago (738+ words) Cybercrime is a constant and unyielding threat for businesses, with the average cost of a data breach in the US now sitting at a record $10.22 million - the highest globally. For smaller businesses, the risk is even greater. Despite the fact…...
ICW Group Expands Commercial Lines Portfolio Beyond Workers' Compensation
1+ week, 14+ hour ago (137+ words) Oct 01, 2026, 08:12 ET Now Accepting Submissions in California for Five New Lines The expansion marks a significant step in ICW Group's diversification growth strategy and its evolution as a multi-line commercial property and casualty insurer. Building on decades of workers' compensation…...
Retailers hit by cyberattacks say they overinvest in controls, Marsh finds
1+ week, 20+ hour ago (612+ words) UK retailers are spending heavily on cyber defences without getting the protection they think they are paying for, according to new research from Marsh. The broker's Retail Pulse 2026 report found that 95% of retail leaders say their business has significant areas…...
Retailers overspend on cyber controls but buy too little cover — study
1+ week, 23+ hour ago (604+ words) UK retailers are spending heavily on cyber defences without getting the protection they think they are paying for, according to new research from Marsh. The broker's Retail Pulse 2026 report found that 95% of retail leaders say their business has significant areas…...
Queensland's $809,000 vendor breach tests how far cyber cover reaches
1+ week, 1+ day ago (867+ words) A Queensland government department responsible for setting the state’s cyber security policy lost $809,000 in public funds after a third-party telecommunications provider’s systems were accessed illegally – not through a direct breach of the department's own network. According to ABC News, the…...
Los Angeles fire survivors launch survey to see which insurers paid, and which stalled
1+ week, 5+ day ago (668+ words) "Some insurers count on wearing families down until they run out of money or energy to fight back." A new survey in Los Angeles seeks to answer which insurers helped families recover and which ones made that process even harder....
Cyber Threats Top Business Concerns Again as AI Reshapes Risk, Travelers Survey Shows
1+ week, 6+ day ago (1427+ words) Cyber threats have again emerged as the top overall concern of U.S. business decision makers, cited by 58% of respondents, according to the 2026 Travelers Risk Index. Travelers pointed to a gap between AI adoption and governance as part of the challenge: 89% of…...
How has the D&O and ML claims environment changed?
2+ week, 11+ hour ago (57+ words) Insurance Business Insurance Business TV welcomes a new Professional Risks Leaders Network. In the inaugural edition, catch experts from Willis, Aon and C3 Risk and Insurance Services on how the claims environment has changed in the last 18 months and where the…...
UK businesses staying quiet on cyber incidents risk legal exposure — survey
2+ week, 2+ day ago (398+ words) One in five UK businesses have chosen to keep a serious cyber incident from the authorities rather than face the consequences, according to Databarracks' Data Health Check 2026, an annual survey of 500 IT decision-makers. Firms regulated by the FCA face a…...