Ransomware, the “perfect crime” of the internet era, is spreading rapidly, growing by 150% or more in 2020. The average ransom demanded by attackers jumped 43% from Q4 2020 to Q1 2021 to $220,298 as threat groups target bigger and more vulnerable organizations, from police forces to municipal school districts. Two significant factors aid the inevitability of ransomware: ease with which cybercriminals can earn money from their ransomware endeavors. The report lists ways the insurance industry can help, including driving baseline security requirements for insurability.”]