Ran­somware at­tacks are in­creas­ing, and in­sur­ance firms are part of the prob­lem

The Times of India (New Delhi edition) - - Sunday Special -

The

Wan­naCry ran­somware in­fected 200,000 com­put­ers across 150 coun­tries, in 2017. It locked users’ files and de­manded a ‘ran­som’ to un­lock them. While ran­somware at­tacks de­clined last year, they have in­creased again in 2019, and are mostly directed at or­gan­i­sa­tions. The ran­som sought are also bigger. Ex­perts say in­sur­ance poli­cies meant to cover losses from such at­tacks have a big role in this resur­gence.

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