--- title: "Cyber Security Insurance Perspective on Ransomware" url: https://daily.dev/posts/cyber-security-insurance-perspective-on-ransomware-ho8d5vdwp source_url: https://www.huntress.com/blog/cybersecurity-insurance-perspective-on-ransomware type: article source: "Huntress Blog" published: 2026-05-31T07:43:47.582Z updated: 2026-05-31T08:08:42.954Z tags: ["ransomware", "phishing"] reading_time: 7 upvotes: 0 comments: 0 language: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Cyber Security Insurance Perspective on Ransomware **[Huntress Blog](https://daily.dev/sources/huntress-blog)** · 7 min read · 0 upvotes · 0 comments ## Summary A conversation with Coalition Inc. CEO Joshua Motta explores the ransomware landscape through the lens of cyber insurance claims data. Key insights include: ransomware severity peaked in early 2020 and has slightly declined since, though average ransom demands doubled in 2020; threat actors now target large enterprises with over $1B in revenue using account-based targeting lists; the Colonial Pipeline incident caused more economic damage through consumer panic than actual supply disruption. Basic preventive measures recommended include security awareness training, phishing simulations, closing RDP ports, and auditing access permissions. The ransomware business model has evolved from single-machine encryption to full network compromise, backup targeting, and data exfiltration for double extortion. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [The economics of ransomware 3.0](https://daily.dev/posts/the-economics-of-ransomware-3-0-lblgsdf5w) · CSO Online · 1 upvotes · 0 comments - [How Ransomware’s Data Theft Evolution is Rewriting Cyber Insurance Risk Models](https://daily.dev/posts/how-ransomware-s-data-theft-evolution-is-rewriting-cyber-insurance-risk-models-fa0cjtgun) · Security Boulevard · 0 upvotes · 0 comments - [Ransomware fuels 230% increase in UK cyber insurance payouts](https://daily.dev/posts/ransomware-fuels-230-increase-in-uk-cyber-insurance-payouts-rble2jgvk) · The Register · 0 upvotes · 0 comments - [As Ransomware Attacks Surge, Healthcare Must Look Beyond Compliance to Establish a Cyber Risk Mindset](https://daily.dev/posts/as-ransomware-attacks-surge-healthcare-must-look-beyond-compliance-to-establish-a-cyber-risk-mindse-ie0r0rfp0) · Security Boulevard · 0 upvotes · 0 comments - [How Ransomware Attacks Leverage Cyber Insurance Policies](https://daily.dev/posts/how-ransomware-attacks-leverage-cyber-insurance-policies-figzda1ow) · Security Boulevard · 0 upvotes · 0 comments --- Tags: [#ransomware](https://daily.dev/tags/ransomware), [#phishing](https://daily.dev/tags/phishing) [View this post on daily.dev](https://daily.dev/posts/cyber-security-insurance-perspective-on-ransomware-ho8d5vdwp)