Although many states have relaxed regulations, cannabis remains a Schedule 1 substance under the Controlled Substances Act of 1970, meaning that under federal law it is illegal to manufacture, sell, or distribute cannabis. This has meant that many large commercial insurance carriers, and particularly those that are publicly traded, have been hesitant to offer cannabis coverage due to the fear of federal illegality and reputational damage. Nonetheless, the National Law Review reported that there are currently over 30 surplus lines carriers and several managing general underwriters that currently service the cannabis industry across many lines of coverage.

As cyberattacks, namely ransomware, increase nationwide, there's one reason for the rise in attacks that we cannot ignore: The growing prevalence of cryptocurrency.

These ransomware attacks encrypt users' files, making them inaccessible without a decryption key (or password), and cybercriminals often hold the data for ransom in exchange for a fee-typically demanding cryptocurrency, or an encrypted form of digital currency, that is difficult to trace.