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WannaCry Exposes U.S. Ransomware Insurance Risks, Rewards

Stroz Friedberg is a specialized risk management firm built to help clients solve the complex challenges prevalent in today’s digital, connected, and regulated business world

Jason Hogg, leader of Aon Plc’s Cyber Solutions Group and CEO of Stroz Friedberg, told Bloomberg BNA that typical policies do protect against ransomware but there are limits to recovery for such attacks, “depending on the wording of the policy.” A well-written policy will cover not just the ransomware payments but any cost related to the investigation and clean up of the attack, he said.

Click here to read the Bloomberg BNA article

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