As Ransomware Calls for Increase, Insurance coverage Corporations Preserve Paying Out

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Evidently Colonial Pipeline’s choice to pay a $4.4 million ransomware was not less than endorsed by its insurance coverage firm.{Photograph}: Drew Angerer/Getty PhotosWhereas main carriers like AXA have backed away from protecting ransoms, do not count on the trade at massive to interrupt the vicious cycle. Earlier this week, Colonial Pipeline CEO Joseph Blount testified …
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