Insurer AXA Halts Ransomware Crime Reimbursement in France

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In an apparent industry first, the global insurance company AXA said Thursday it will stop writing cyber-insurance policies in France that reimburse customers for extortion payments made to ransomware criminals. AXA, among Europe’s top five insurers, said it was suspending the option in response to concerns aired by French justice and cybersecurity officials during a… Continue reading Insurer AXA Halts Ransomware Crime Reimbursement in France