Today, a leading cause of claims involves ransomware. Ransomware is a malicious software (aka malware) that denies access to critical data by encrypting it until a ransom is paid. Ransomware is commonly introduced through phishing emails. System recovery – if possible, depending upon the quality and availability of back-ups – can be an arduous process that may not be successful. As a result, some victims do pay to recover their files. Our friend, Steve Ventre with Cincinnati Insurance, shares trends and insights about cyber insurance. Read the article here.