6 Steps You Can Take to Reduce Ransomware Risks

Steps You Can Take to

Reduce Ransomware Risk

According to Travelers claim data, the number of ransomware claims, and the severity of those losses, has quadrupled from 2017 to 2019. At Travelers, our goal is to help businesses of every size and sector manage existing and emerging cyber threats. In this Cyber Risk Bulletin, we offer you simple and cost-effective steps that businesses can take to reduce ransomware risk. We also describe the timeline of an actual ransomware claim and explore important factors that businesses should consider if they are ever faced with a ransom demand. Finally, we highlight an emerging threat that all businesses need to consider when defending against ransomware.

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