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The Financial Dynamics Behind Ransomware Attacks

Security Affairs

In some cases, attackers are even leveraging the threat of regulatory actions or causing cyber insurance policies to be rendered moot by reporting lapses in security on the part of the victim to regulators and insurers. The indirect costs of ransomware attacks are often even more damaging.

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The Surge of Double Extortion Ransomware Attacks

Pen Test

The 2012 Reveton ransomware famously used lock screen tactics claiming the FBI locked the computer for illegal activity. Double extortion introduces catastrophic risks of data breach and loss of customer trust if sensitive information gets leaked publicly. Use immutable object storage for backups. Don't let patching lag.