Correction: Axa to halt cyber ransomware payments in France
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Correction: Axa to halt cyber ransomware payments in France

John Hewitt Jones
07 May 2021
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Axa on Thursday said it would stop writing cyber insurance policies in France that reimburse customers for extortion payments made to ransomware criminals.

A spokesperson for the carrier confirmed to this publication that the carrier’s general insurance business in the country, Axa France, had adopted the new stance, but said that despite the changes, the unit will continue to pay breach response...

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