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A business’s cyber insurance policy included ransom coverage, but when they needed it, the insurer refused to pay. Why?

Allardyce Bower Consulting paid more than $14,000 for a cyber insurance policy that included ransom coverage, but when they needed it, the insurer refused to pay. Had the business made a grave error in security? Over on SuspectFile, Marco A. De Felice writes: Allardyce Bower Consulting (ABC) was the victim of a severe cyberattack attributed…

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Source: https://databreaches.net/2025/10/19/a-businesss-cyber-insurance-policy-included-ransom-coverage-but-when-they-needed-it-the-insurer-refused-to-pay-why/?pk_campaign=feed&pk_kwd=a-businesss-cyber-insurance-policy-included-ransom-coverage-but-when-they-needed-it-the-insurer-refused-to-pay-why

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