Reply to post: Good

Lloyd's of London suggests insurers should not cover 'retaliatory cyber operations' between nation states

DS999 Silver badge


As it is difficult to prove who is behind a specific ransomware attack, if this spreads through the insurance world ransomware attacks will no longer be covered and won't allow victims to easily pay up thus encouraging more ransomware attacks.

To the extent it becomes difficult to insure against the dwindling number of non ransomware attacks companies might be forced to invest resources into protecting themselves instead of doing the bare minimum required by the insurance carrier.

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon

Biting the hand that feeds IT © 1998–2022