DataBreaches.Net

Menu
  • About
  • Breach Notification Laws
  • Privacy Policy
  • Transparency Report
Menu

Is it time to ban ransomware insurance payments?

Posted on February 11, 2021 by Dissent

Alex Scroxton reports:

… According to [the founding head of the National Cyber Security Centre (NCSC)], the ransomware problem is now being exacerbated by victims paying ransoms to their extortionists and then claiming back this sum on their insurance. He described this as an “incentive” that encourages victims to pay to solve their problem quickly.

He told the newspaper it was now time to “look seriously” at changing insurance law to ban payments – or, if not that, to enter into consultation with the industry about how to respond.

Read more on ComputerWeekly.


Related:

  • ModMed revealed they were victims of a cyberattack in July. Then some data showed up for sale.
  • Toys “R” Us Canada customers notified of breach of personal information
  • Gatineau gymnastics centre warns members of possible data breach
  • Data breach in 42 Latvian municipalities: DVI imposes 300,000 euro fine on ZZ Dats
  • Confidence in ransomware recovery is high but actual success rates remain low
  • Protected health information of 462,000 members of Blue Cross Blue Shield of Montana involved in Conduent data breach
Category: Commentaries and AnalysesMalwareNon-U.S.

Post navigation

← New York State Comptroller Thomas P. DiNapoli Releases School District Audit
Romania’s biggest real estate portal suffers major data breach →

Now more than ever

"Stand with Ukraine:" above raised hands. The illustration is in blue and yellow, the colors of Ukraine's flag.

Search

Browse by Categories

Recent Posts

  • Threat actors have reportedly launched yet another campaign involving an application connected to Salesforce
  • Russian hackers target IVF clinics across UK used by thousands of couples
  • US, allies sanction Russian bulletproof hosting services for ransomware support
  • Researchers claim ‘largest leak ever’ after uncovering WhatsApp enumeration flaw
  • Large medical lab in South Africa suffers multiple data breaches
  • Report released on PowerSchool cyber attack
  • Sue The Hackers – Google Sues Over Phishing as a Service
  • Princeton University Data Breach Impacts Alumni, Students, Employees
  • Eurofiber admits crooks swiped data from French unit after cyberattack
  • Five major changes to the regulation of cybersecurity in the UK under the Cyber Security and Resilience Bill

No, You Can’t Buy a Post or an Interview

This site does not accept sponsored posts or link-back arrangements. Inquiries about either are ignored.

And despite what some trolls may try to claim: DataBreaches has never accepted even one dime to interview or report on anyone. Nor will DataBreaches ever pay anyone for data or to interview them.

Want to Get Our RSS Feed?

Grab it here:

https://databreaches.net/feed/

RSS Recent Posts on PogoWasRight.org

  • Closing the Privacy Gap: HIPRA Targets Health Apps and Wearables
  • Researchers claim ‘largest leak ever’ after uncovering WhatsApp enumeration flaw
  • CIPL Publishes Discussion Paper Comparing U.S. State Privacy Law Definitions of Personal Data and Sensitive Data
  • India’s Digital Personal Data Protection Act 2023 brought into force
  • Five major changes to the regulation of cybersecurity in the UK under the Cyber Security and Resilience Bill

Have a News Tip?

Email: Tips[at]DataBreaches.net

Signal: +1 516-776-7756

Contact Me

Email: info[at]databreaches.net
Security Issue: security[at]databreaches.net
Mastodon: Infosec.Exchange/@PogoWasRight
Signal: +1 516-776-7756
DMCA Concern: dmca[at]databreaches.net
© 2009 – 2025 DataBreaches.net and DataBreaches LLC. All rights reserved.