Cyber-insurance gig to be worth $14bn by 2022
By John E Dunn
Every industry has its collection of shocking stories, but Britain’s cyber-insurance sector can always be relied on to top the lot.
Take the unnamed British medium-sized enterprise that recently found itself staring at a ludicrous £1m ransom demand after attackers sneaked off with some very important data. This was a straight extortion stick-up (we have your files) but the fact the attackers felt able to demand a king’s ransom, even half-seriously, is telling.
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