Judy Greenwald, Business Insurance
July 27, 2021

Average ransomware demands in the first half of 2021 almost tripled, to $1.2 million per claim from $444,489 for the comparable period a year ago, Coalition Inc. said Tuesday in a report.

Ransom demands for the first half were down slightly, however, from the $1.3 million average in the second half of last year, according to the report, which is based on the claims of 50,000 policyholders of the San Francisco-based managing general agent, which specializes in cyber insurance and security.

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