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News/Cyber & Privacy/Insuring a King’s Ransom: The Role of Cyber Insurance in Ransomware Risk Management
Expert Opinion·Cyber & Privacy Brief

Insuring a King’s Ransom: The Role of Cyber Insurance in Ransomware Risk Management

When the cybercriminal group known as DarkSide took Colonial Pipeline’s computer systems hostage, it took less than a day for Colonial’s CEO to agree to pay 75 bitcoins ($4.4 million) to secure its release.

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