BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.
To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.
To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.
Average ransomware demands increased to $1.84 million in the second half of 2021, a 20% hike over the first six months of the year, Coalition Inc. said Tuesday.
An analysis of Coalition’s cyber claims also revealed that ransomware claims frequency increased 23% in the second half, the San Francisco-based managing general agent said in its claims report.
Overall, cybercrime claims severity increased 28% to an average loss of $197,000 over the period.
(Reuters) — Insurers have halved the amount of cyber cover they provide to customers after the pandemic and home-working drove a surge in ransomware attacks that left them smarting from hefty payouts.