The global cost of cybercrime has soared in recent years. The average #ransomware attack now costs businesses almost $5 million. These are huge sums - but who’s paying? The answer is often insurance companies - but many businesses have come to see insurance as a form of #cybersecurity, argues Josephine Wolff, Professor of Cybersecurity Policy at The Fletcher School at Tufts University, and that approach unfortunately benefits #cybercriminals. Here’s why. The World Economic Forum’s Global Cyberse

How Does Ransomware Work? | Understanding Cyber Extortion And Data Encryption Attacks