March 11, 2024, 2:18 a.m. |

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Committee Chairs Accuses UK of Favoring an 'Ostrich Strategy' For Ransomware
The Conservative government of British Prime Minister Rishi Sunak says it won't champion a reinsurance plan for cyber insurance similar to flood insurance, telling a parliamentary committee it doesn't want to "damage competition." Global ransomware payments surged to record levels during 2023.

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