Best’s News & Research Service - February 10, 2023 10:07 AM (EST)
Best's Review Examines Difficult Questions Raised by Ransomware
- February 10, 2023 10:07 AM (EST)
Oldwick //BestWire// - In a new article, Best’s Review explores the challenges that businesses encounter when they are victims of cybersecurity breaches and how the insurance industry is finding new ways to defend and protect against these growing threats. According to a June AM Best report, the cyber insurance market continues to grow, with direct premiums written up by 75% in 2021. The feature also includes a ranking of the top 20 U.S. cyber insurers, as well as a Q&A with several cyber executives. Read the full story in “Cyber Dilemma: Insurers Face Evolving Ransomware, Demands as Attacks Escalate.”
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AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City.