Revealed: cybercriminals' top method for ransomware attacks

An Insurance Business Magazine article.

The chaos caused by the spread of the COVID-19 pandemic has been a bonanza for cybercriminals – in the rush to migrate operations online and have employees work remotely, many vulnerabilities were uncovered for these cybercriminals to exploit.

However, businesses are already wisening up and taking action. Boston-based commercial insurance provider Corvus announced the results of the first 20 weeks of its Corvus Scan version 2.0, which showed a dramatic reduction in ransomware claims both among new policies and its existing policy base.

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