6) Ransomware Evolution

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 part one of our two-part series, we discussed the evolving ransomware threat landscape (including ransomware as a service, the ransom payment calculus and incident response) and addressed challenges and considerations related to responding to an attack. The second article covered the government’s efforts at addressing ransomware and other cyber risks, and the role of cyber insurance.

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