Category Archives: Allianz

Ransomware demands are up more than 500%, the latest concern for insurers

Ransomware attacks aren’t just becoming more frequent, they’re getting more expensive. Scammers demanded an average payment of $5.3 million from hacking victims through the first six months of 2021, though extortion victims paid a median fee in the hundreds of thousands of dollars, according to a new report from the insurer Allianz. The $5.3 million […]

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