The WannaCry attack is evidence of a meaningful evolution in ransomware, which has strategic implications on cyber attack patterns and, subsequently, insurance coverages and aggregation risk.

There are several motivations at play for cyber attackers, but the greatest and most influential incentive is making money — and using ransomware to block access to enterprise computer systems until a payment is made is proving more fruitful for hackers than targeting private data records. It also means that businesses who have no data records are no longer a lower hazard group.

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