Incident Response August 19, 2021

How Ransomware Trends Are Changing Cyber Insurance

3 min read - The world of cyber insurance is in a state of flux. The reason: ransomware creates huge financial impacts. And how it will change insurance in the future is unclear. The insurance industry is struggling to develop cyber liability insurance offerings.…

News August 6, 2021

Ransomware Costs Expected to Reach $265 Billion by 2031

2 min read - Think ransomware is expensive now? It’s not predicted to get any cheaper over the next decade. Ransoms could cost victims a collective total of $265 billion by 2031. The estimate is based on the prediction that the price tag will…

Advanced Threats July 16, 2021

Cyber Insurers Might Be Making the Ransomware Problem Worse

4 min read - In mid-May, one of the largest insurance companies in the U.S. paid $40 million to ransomware attackers. Two people familiar with the matter told Bloomberg that the malicious actors stole an undisclosed quantity of data and then effectively locked the…