CYBER - INSURERS DEFEND COVERING RANSOMWARE PAYMENTS
Source: BBC news - https://www.bbc.co.uk/news - January 2021.
“The Association of British Insurers (ABI) has defended the inclusion of ransomware payments in first-party cyber-insurance policies.
It said insurance was "not an alternative" to doing everything possible to first minimise the risk.
However, it added that firms could face financial ruin without the cover.”