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Cyber insurers face increased loss ratios

As ransomware perpetrators are now targeting larger organisations in search of higher ransom demands, cyber insurers face a a greater hit to their credit ratings, Moody’s has warned.

In response to declining revenue per victim, Leroy Terrelonge, Moody’s Ratings vice president and author of the agency’s Outlook report, said cyber attackers are seeking to wring greater returns from

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