Corvus: Ransomware claims frequency dropped off after Q1 2021

The frequency of Corvus’ ransomware claims dropped in the second and third quarters of 2021 compared with the large increase over the preceding four quarters, while the number of claims resulting in a ransom payment dropped to 12 percent in Q3 from 44 percent in the prior-year period, according to the insurtech’s latest risk insights index.

 

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