The insurance industry will accelerate the launch of insurance products targeting cryptocurrency kidnapping and ransomware (K&R) due to an increase in violent attacks against cryptocurrency holders. According to NBC News, at least three insurance companies focused on encrypted security are developing K&R insurance, and AnchorWatch is expected to launch related services in the fall. Relm Insurance CEO Joseph Ziolkowski stated that his company is improving its K&R products, but needs to evaluate customer physical and network security for pricing. Recent events include the arrest of a Russian suspect in South Korea on May 27th (involved in a $730000 fake cryptocurrency transaction robbery) and the attempted kidnapping of the Paymium founder's family in France on May 13th. (Cointelegraph) http://(wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=43315