Hand unlocking a red padlock on a laptop screen with a key, while another hand offers money—symbolizing cybersecurity, network firewall, data security, endpoint security, cloud security, information security, and IT support challenges for small and medium businesses during ransomware attacks.

Why cyber insurance is keeping the ransomware industry in business.

As all good managed IT companies and manage security providers do, we are in constant training. From daily check-ins, weekly trainings and monthly seminars, we are kept apprised of the latest trends, threats and how to mitigate them. For us, it has worked incredibly well for many years. But a new threat has arisen that we didn’t expect: ransomware insurance from insurance industry.
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