How bad is ransomware? One insurer has dropped coverage for extortion payments.

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The AXA Group logo is seen Feb. 21, 2019, at the company’s 2018 annual results presentation in Paris. The global insurance company said May 6, 2021, that it will stop writing cyber-insurance policies in France that reimburse customers for ransomware extortion payments. (Thibault Camus/AP)