A business’s cyber insurance policy included ransom coverage, but when they needed it, the insurer refused to pay. Why?

Allardyce Bower Consulting paid more than $14,000 for a cyber insurance policy that included ransom coverage, but when they needed it, the insurer refused to pay. Had the business made a grave error in security? Over on SuspectFile, Marco A. De Felice writes: Allardyce Bower Consulting (ABC) was the victim of a severe cyberattack attributed…

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Article Link: A business’s cyber insurance policy included ransom coverage, but when they needed it, the insurer refused to pay. Why? – DataBreaches.Net

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