Ransomware Attacks Are on the Rise, Again

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Ransomware attacks


"We still have such poor insights on the actual number of attacks," says Pia Huesch​, a research analyst at the British defense and security think tank Royal United Services Institute. She adds that companies are still reluctant to talk about attacks, fearing reputational harm. In May, officials at the UK's National Cybersecurity Center and data regulator the Information Commissioner's Office said they were increasingly concerned about companies not reporting ransomware attacks and “the ransoms paid to make them go away.” They warned that if incidents are “covered up,” the number of attacks will only increase. "Individuals who engage in cybercrime, to them the benefits still massively outweigh the risks of perhaps being prosecuted," Huesch says.