An 18-month spree of ransomware attacks has imperiled critical infrastructure around the world and worsened the pandemic’s economic pain. Now insurers that protect companies against the risk of cyberattacks are jacking up the prices of cyber policies to unprecedented levels to reflect the growing threat that hacks pose to businesses.Cyber risk used to be a plum business line for insurance companies. Since insurers began offering cyber policies in the late 1990s, they’ve generally made handsome profits covering companies for the costs associated with getting hacked, according to Jamie MacColl, a cybersecurity researcher at the UK’s Royal United Services Institute (RUSI) for Defence and Securi
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