Ransomware has “changed the game” of cyber insurance

I recently made a presentation on ransomware and cyber insurance at the Barbados Risk and Insurance Management (BRIM) conference.

Many thanks to the Captive Insurance Times’ reporter Rebecca Delaney for so excellently capturing my session. In the intro section, she wrote:

“Cyber insurance is not an exhaustive replacement for robust security capabilities, warns Niel Harper […] He explained that ransomware is so disruptive because of the extensive network of paid services it has spawned, such as access brokers, malware packing, phishing kits, hosting and infrastructure, anonymity and encryption, and hardware for sale… In addition, distribution networks include social network spam, instant messaging spam, exploit kit development, spam email distribution, and traffic distribution systems.”

The full article can be found at: https://bit.ly/3MMs71t

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