Understanding the Rising Threat of Ransomware
Ransomware is a rising cyber threat. In fact, research suggests these types of cyber attacks have increased 1,000% since last year. We review how organisations can help themselves understand current trends related to ransomware, and how to prevent or minimise the effect of these attacks.
To assist in developing good cyber security practices, be aware of the following ransomware trends…
Plan Insurance can also accommodate your Cyber Liability Insurance needs. Just fill in our short online quote form, and our professional brokers will be in contact to arrange your insurance.
Cyber attacks as a service
Many hackers have started making their ransomware tools and services available for hire.
Artificial intelligence (AI) concerns
AI technology like voice recognition programmes could be vulnerable to manipulation by cyber criminals.
Data integrity issues
Ransomware can compromise, corrupt or block access to data necessary for an organisation to operate correctly.
Supply chain targeting
Ransomware attacks have started targeting vulnerabilities in digital supply chains rather than specific organisations.
To reduce ransomware-related risks, implement good cyber security practices like two-factor authentication and zero-trust network access.
The best way to minimise losses from an attack is to properly back up data in multiple places that are separate from your primary network.
For more information regarding Cyber Liability, ransomware and cyber security trends, contact us today.
