SecureList

NOVEMBER 9, 2022

Arthur Laudrain, Strategic Analyst (Cyber Program), The Hague Centre for Strategic Studies. In 2023, we might see a slight decline in ransomware attacks, reflecting the slowdown of the cryptocurrency markets. Yet, in addition to cyber insurance, companies will need a designated DR or RR (Rolling Recovery) plan.

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NetSpi Executives

APRIL 27, 2024

Victims pay ransomware adversaries for decryption keys through cryptocurrency, such as Bitcoin. Some can’t afford not to pay, and some are covered by cyber insurance. Should I get a ransomware cyber insurance policy? Many organizations have used cyber insurance to recover from ransomware attacks.

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Pen Test

OCTOBER 10, 2023

Victims are instructed to pay a ransom payment, usually demanded in cryptocurrency, in exchange for the decryption key. Identify cyber insurance policies and ensure they align to business needs regarding ransomware attacks and data leaks. Businesses will need to demonstrate cyber risk management to get the best premiums.

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eSecurity Planet

FEBRUARY 16, 2021

A ransomware attack is about as bad as a cyber attack can get. It can shut down your business – in the case of healthcare organizations that can be life-threatening for patients – damage your reputation with customers and employees, and invite further attacks as cybercriminals view your organization as an easy mark. Ransomware facts.

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ForAllSecure

MAY 30, 2023

of cryptocurrency. By no means. Does that mean that there was no ransomware occurring? It was still very active within the last year, just not at the volumes that we were seeing in previous years.

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Spinone

OCTOBER 13, 2020

Ransom payments are generally demanded in the form of untraceable cryptocurrency such as Bitcoin. In fact, one report shows that business email compromises are 23% of cyber insurance claims. Ransom Payment The first obvious and tangible cost of ransomware is the actual ransom demanded by an attacker.

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