Ransomware Insurance: An Analytical Study of Coverage Policies and Ethical Controversies

This analytical study explores the evolving landscape of ransomware insurance, focusing on the structure and scope of coverage policies offered by insurers. It critically examines the ethical dilemmas surrounding ransom payments, the implications for corporate behavior, and the broader impact on cybersecurity ecosystems. By dissecting policy terms, risk assessments, and real-world case studies, the paper sheds light on how insurance frameworks both mitigate and potentially incentivize cyber threats. The study also raises essential questions about the moral responsibilities of insured entities and the role of insurers in shaping digital risk management.