2017 was one of the worst years for hacking on record. We’ve seen reports of unsolicited miner-ware installations generating millions of dollars worth of Monero, Coincheck‘s breach result in close to half a billion dollars in losses, ICO phishing scams, and much more.
Featured image from Shutterstock.
As anyone who follows the news knows, this trend is not exclusive to the crypto world. One journalist declared “2017 Was The Year of Hacks.” before predicting 2018 would get worse.
An Expansion of Cyberinsurance
Today, AIG has already said they’ve underwritten a few policies as part of an “exploratory phase” of what could be a much larger roll out. XL Caitlin and Chubb are also already selling crypto insurance.
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AUTHOR
Jake Sylvestre
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