Article 5D8BT Insurers 'funding organised crime' by paying ransomware claims

Insurers 'funding organised crime' by paying ransomware claims

by
Dan Sabbagh Defence and security editor
from Technology | The Guardian on (#5D8BT)

Exclusive: former cybersecurity chief calls for law change and warns situation is close to getting out of control'

Insurers are inadvertently funding organised crime by paying out claims from companies who have paid ransoms to regain access to data and systems after a hacking attack, Britain's former top cybersecurity official has warned.

Ciaran Martin, who ran the National Cyber Security Centre until last August, said he feared that so-called ransomware was close to getting out of control" and that there was a risk that NHS systems could be hit during the pandemic.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://www.theguardian.com/technology/rss
Feed Title Technology | The Guardian
Feed Link https://www.theguardian.com/us/technology
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2024
Reply 0 comments