The Biggest Beneficiaries of the Bitcoin Ransomware Boom are Not Hackers

The Biggest Beneficiaries of the Bitcoin Ransomware Boom are Not Hackers

The more prevalent bitcoin ransomware attacks become, the merrier it gets for insurance firms that offer cyber-liability insurance coverage. The City of Baltimore has become the latest example of this emerging trend. According to The Wall Street Journal, city officials on Wednesday authorized the purchase of cyber-liability insurance coverage worth $20 million.