The digital pandemic of ransomware attacks will continue - The World Ahead 2022

Featured in The Economist

Ransomeware Attacks


Some attackers are even exploiting the market by determining precisely how much a firm is insured for, and then tailoring their ransomware demand to that amount, notes James Sullivan of the Royal United Services Institute, a think-tank. He says that insurers need to agree to minimum security standards, so that companies cannot simply choose laxer providers. This should also prod policyholders into beefing up their defences.