HOUSTON — One hundred and seventy five million dollars.
That’s the figure Shelly Thomas of the cyber practice at insurance provider Marsh presented when the topic of ransomware came up at a conference sponsored by the National Motor Freight Travel Association.
Thomas, speaking Monday on the opening panel of the Digital Solutions Conference, said that $175 million was the largest ransomware demand she had seen this year. While the end figure the unidentified victim paid was “negotiated down” to an...