surable

Ransomware

In one sentence

Malware that locks or encrypts your data and demands payment to release it, often after stealing a copy too.

Ransomware encrypts your files and systems and demands a ransom for the key; modern variants also steal data first and threaten to leak it ('double extortion'). Tested, offline backups plus a response plan are what let victims recover without paying.

Why it's on your cyber insurance application

The loss cyber policies are most associated with; a record 86% of victims refused to pay in 2026, backed by good backups (Coalition).

How the Readiness Check scores it

The free Check asks the same question a carrier will. Here it is, why it's asked, and the fix if today's honest answer is no. The full application question list has the rest.

Backup & recovery

How is your critical business data backed up?

Why carriers ask: Tested, offline-capable backups are the difference between an outage and paying a ransom. Claims data shows a record share of ransomware victims now refuse to pay. Working backups are what make refusal possible.

If the answer is no: Stand up automatic off-site backup for critical systems this week, then schedule a restore test.

Endpoint protection

What protects your computers and servers from malware?

Why carriers ask: EDR (endpoint detection and response) is what stops ransomware mid-attack. Many carriers price policies differently, or decline outright, based on this answer alone.

If the answer is no: Deploy EDR to every computer and server this week. This is the single fastest insurability improvement after MFA.

The written evidence carriers accept

A “yes” on the application needs a document behind it. In the Readiness Pack, those documents are:

Guides that cover this

Related terms

Would you pass this question today?

The free Readiness Check scores you across the ten control domains carriers probe, in five minutes, no email required for the score.

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