KnowBe4 - [Heads-up] Ransomware Insurance Expert: "Bad Guys Do More Damage Than They Used To"

The ransomware plague is not letting up and rapidly getting more technically sophisticated. New strains are popping up every month, using innovative methods to spread. Worse, the ransom demands themselves are skyrocketing up at the same time.

This week, cyber insurance experts reported incidents with ludicrous 1 million dollar extortion attempts after attackers were able to encrypt some very important data. The fact that the criminals felt able to demand a king's ransom is telling.

from KnowBe4 Security Awareness Training Blog https://blog.knowbe4.com/heads-up-ransomware-insurance-expert-bad-guys-do-more-damage-than-they-used-to