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Ransomware attacks account for 18% of cyber insurance claims

Posted On: Nov. 7, 2019 5:33 AM CST

Ransomware

Swiss insurer Chubb Ltd. said that ransomware attacks account for 18% of all cyber insurance claims, The Daily Swig reported. During the first nine months, ransomware represented 40% of cyber claims from manufacturing companies and 23% from smaller businesses.

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