Ransomware Attacks Skyrocket UK Cyber Insurance Payouts by 230%
UK businesses faced a dramatic surge in cyber insurance payouts in 2024, with claims soaring by 230% to £197 million. This significant increase, up from £59 million in 2023, is largely attributed to a sharp rise in ransomware and malware attacks, which now constitute over half of all successful claims. The escalating threat landscape highlights…
