Because ransomware represents a costly business interruption and data breach threat to both insurers and their policyholders, NetDiligence created a Cyber Insurance Ransomware Advisory Group to help us:

• Learn about the evolving ransomware landscape and attack vectors/methods from the world’s most prominent cyber forensics and data breach remediation firms
• Gain the benefit of group members’ experience in the remediation trenches regarding what organizations can do to help prevent such attacks and how they can be better prepared to respond to attacks
• Gather newly acquired sector intelligence from the group and share it with cyber insurers
• Inform insurers’ efforts to develop effective policy coverage strategies and tactical policyholder due-diligence requirements so they can make cost-effective, ransomware-specific cyber insurance products available to their policyholders

The senior managers and subject matter experts who participate as members of the Cyber Insurance Ransomware Advisory Group freely contribute their time and resources to help us bring timely and useful ransomware information to the greater cyber community.