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Hacking insurance

With companies still tallying up the damage from the recent WannaCry Ransomware epidemic, more and more companies are turning to cybercrime insurance. Experts are estimating that by 2025, customers will be paying out $20 billion dollars in premiums. And it’s not just companies; more and more individuals are looking into policies to protect their own data. With more and more smart devices becoming part of the home, the potential for being hacked is rising. Some companies like HSB are now offering cyber-protection for individuals. You’ll have to check with your insurance company to see if they offer coverage. Microsoft says the big selling point of its new Windows 10 S operating system is that it is practically ransomware proof. Users can only install programs from the Windows App store. The company even went as far as saying that no known ransomware works against Windows 10 S. This could be a big selling point for companies and government agencies who have been hit hard by ransomware attacks. Though it does limit what types of software the devices can run.