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Tom Richards

Tom Richards

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Cyber insurance companies need to focus more on risk profiles – and less on security ratings scores

FBI Director Christopher Wray speaking in Washington, D.C. Today’s columnist, Tom Richards of GroupSense, writes that the FBI reported a 400% increase in ransomware attacks during the height of the pandemic. Richards argues that this rise has a dramatic impact on a company’s risk profile and one reason why security ratings scores are not always useful.

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