The damage from ransomware has more than doubled in the last year

According to The Changing Face of Cyber Claims 2021 report, developed by Marsh, the world's leading insurance broker and risk management advisor, in collaboration with Microsoft, the international law firm CMS, and Kivu – a global cybersecurity company, malware attacks responded for 80 percent of cyber damages reported in continental Europe last year (compared to 70 percent in 2019).