Ransom and extortion
Ransom & Extortion Insurance is the policy that covers those threat mentioned above, suitable for every organization.
Ransom & Extortion could happen to both personal and organization such as abduction, blackmailing or cyber threat. These kinds of risks could happen with either small or large company, private, government and especially with wealthy people.
Ransom & Extortion insurance is the policy that covers those threat mentioned above, suitable for every organization.
Abduction: In a case of kidnapping.
Extortion: In a case of threat and extortion about data.
Threat to products or services: In a case of the threat to the merchandise.
Incarcerate: In a case of blackmailing and holding in custody.
Robbery: In a case of burglary.
Ransom: In case that company or organization surrender to the threat.
Transportation: expense from moving individuals or assets.
Legal Fees: Expense from legal processes.
Medical care: In a case of losing limbs or permanent handicap.
Example of Ransom & Extortion
24 May 2017 Walt Disney Studio got hacked by the notorious hacker and threat to release “Pirate of the Caribbean 5” before official release date.
12 December 2016 “WannaCry” malware spread around the globe, this malware infiltrate the computer and threat to delete personal data, asking for a ransom. This phenomenon attacks more than 200,000 pcs in 112 countries, including Thailand. It affects organization and civilian both.