"Cybercriminals Shift Tactics to Pressure More Victims Into Paying Ransoms"
At-Bay reported a 64 percent increase in ransomware claims in the US in 2023. About 415 percent more "indirect" ransomware incidents occurred in 2023 than in 2022, driving this increase in ransomware claims. Remote access tools were the leading cause of loss, making up 58 percent of ransomware attacks. Double leverage attacks, which use both data encryption and exfiltration, increased by 51 percent in 2023, suggesting that threat actors shifted their tactics to pressure more victims into paying demanded ransoms. This article continues to discuss key findings from At-Bay's 2024 InsurSec Report.
Submitted by grigby1
Submitted by grigby1 CPVI
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