Cyber insurance is a growing market, however, the industry lacks data on a potentially catastrophic cyber event, making it difficult to model and price. There is also no consensus on what could cause a catastrophic cyber event. A systemic cyber event is likely to result from an accident or unanticipated event rather than a planned attack, further complicating modelling. Increased transparency by the cyber community could aid in modelling this potential risk.

Decrypting Linux/ESXi Akira Ransomware Files Without Paying Ransomware
A cybersecurity researcher has decrypted the Linux/ESXI variant of Akira ransomware, allowing data recovery without ransom. The method exploits a flaw in the malware’s encryption