Ransomware’s Shockwave: How Cyber Insurers Rethink Security Assessments and Risk-Sharing Models

July 1, 2025

Ransomware has forced a deep transformation in how cyber insurers assess and manage risk. As double extortion and ransomware-as-a-service models surged, insurers shifted from outdated questionnaires to real-time scans and integrations. This evolution reshaped their partnerships with clients, introducing new incentives, security benchmarks, and a rebalancing of risk in the age of persistent cyber extortion.