This new era in ransomware risk points to a need for organizations to prioritize reviewing ransom payment policies; cyber-attack response plans; cyber insurance policies; operational security with MSP partners; and RDP security policies.
Changes in ransomware business models, new government interventions in the market, and more expensive cyber insurance premiums should drive an urgent review of cyber risk exposure and cyber security posture relative to ransomware.
This White Paper assesses ransomware risk in 2022 in light of a transformation in the market leading up to the start of Russia’s war and the additional uncertainties now arising from it. It lays out the potential opportunities and threats that both the war and global economic sanctions create for ransomware gangs around the world, notably those based in Russia itself that are responsible for the majority of ransomware attacks.
