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NBC News NOW

Can cyber insurance keep up with the growing number of ransomware attacks?

This version of Can Cyber Insurance Keep Up With The Growing Number Of Ransomware Attacks 116154437896 - Breaking News | NBC News Clone was adapted by NBC News Clone to help readers digest key facts more efficiently.

03:34

Many companies are taking out cyber insurance to protect themselves from ransomware attacks. The average recovery cost from an attack went from $760,000 in 2020 to nearly $1.9 million in 2021. NBC News’ Jake Ward reports on the increasing insurance cost. 

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