The Connection Between Ransomware and Cyber Insurance Claims in 2020

Carlton Fields cybersecurity attorney Jack Clabby was quoted in a Cyber Florida article about a recent spike in ransomware attacks and the resulting cyber insurance claims.

“In my practice, there [are] three things that we’ve seen happen with ransomware this year,” Clabby said. “One, we’ve seen more incidents of ransomware occurring. Two, we’ve seen larger dollar amounts for ransom by one or two extra zeros than we’ve ever seen before. And three, we’re seeing new forms of ransomware where it’s not just locking up the system but locking up the system and then threatening to post the data they’ve taken unless the extortionate ransom is paid.”

READ: Cyber Florida, “The Connection Between Ransomware and Cyber Insurance Claims in 2020”

©2026 Carlton Fields, P.A. Carlton Fields practices law in California through Carlton Fields, LLP. Carlton Fields publications should not be construed as legal advice on any specific facts or circumstances. The contents are intended for general information and educational purposes only, and should not be relied on as if it were advice about a particular fact situation. The distribution of this publication is not intended to create, and receipt of it does not constitute, an attorney-client relationship with Carlton Fields. This publication may not be quoted or referred to in any other publication or proceeding without the prior written consent of the firm, to be given or withheld at our discretion. To request reprint permission for any of our publications, please use our Contact Us form via the link below. The views set forth herein are the personal views of the author and do not necessarily reflect those of the firm. This site may contain hypertext links to information created and maintained by other entities. Carlton Fields does not control or guarantee the accuracy or completeness of this outside information, nor is the inclusion of a link to be intended as an endorsement of those outside sites.