According to Cointelegraph, the wave of violent attacks against cryptocurrency holders is prompting insurance companies to develop new protective measures. Recent events include a three week detention and torture of an Italian tourist in New York, as well as an attempted kidnapping of a French crypto executive's family, highlighting the real security threats facing the crypto industry. It is reported that at least three companies specializing in cryptocurrency insurance and security are preparing tailor-made kidnapping and ransom (K&R) insurance policies for digital asset investors.