Think Tank: Insurers Not Fuelling Ransomware Market

The Royal United Services Institute (RUSI) report, Cyber Insurance and the Ransomware Challenge, claimed that victims with insurance are not much more likely to pay their extortionists than those without. The report authors therefore don’t want an outright ban on ransom payments or coverage, as some have mooted, but instead suggest that insurers could use their market power to offer more “pathways” for victims that don’t involve paying a ransom.