Ransomware & cyber insurance: It’s complicated

Dave Cole sits down with Open Raven CISO, Conrad Smith, to discuss the impact of ransomware on the cyber insurance industry. As the number and amount of payouts soar, cyber insurance providers are moving from recommending victims simply pay off attackers to at times refusing to write new policies given the dramatic spike in risk. Conrad and Dave discuss the complex set of factors insurers face and how some of them are charting a new path forward.