The scope and sophistication of ransomware attacks have grown dramatically in recent years, with attacks on critical infrastructure, including Colonial Pipeline, prompting a strong government response. To assist companies in navigating these challenging waters, in this second article of our two-part series, we cover insights offered by speakers at a recent Strafford webinar on the government’s efforts at addressing ransomware and other cyber risks, and the role of cyber insurance. In part one
, we discussed the evolving ransomware threat landscape (including ransomware as a service, the ransom payment calculus and incident response) and discuss challenges and considerations related to responding to an attack. See “How Colonial Pipeline Changed Advice on Ransomware Preparation and Response
” (Apr. 6, 2022).