Companies Slow to Adopt Insurance As Hedge Against Ransomware Wave

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Research firm Ovum for Silicon Valley analytics firm FICO, conducted a May 2017, survey about cyber insurance.

And here is the head-scratcher: “The survey further concluded that “a full 50 percent of U.S. firms do not have cyber risk insurance but 27 percent of U.S. executives say their firms have no plans to take out cyber insurance, even though 61 percent of them expect cyber breaches to increase in the next year.”

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