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Ransomware: Cyber-insurance payouts are adding to the problem, warn security experts

September 17, 2019

Via: ZDnet

Cyber-insurance companies that encourage ransomware victims to give into the demands of hackers and pay for decryption keys are making the problem of file-locking malware attacks much worse in the long run, cybersecurity experts have warned.

This year has seen a rise in the number of ransomware attacks, with cities and local governments – in the US in particular – regularly falling victim to ransomware attacks.

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