Case Study
Malware mayhem - A targeted ransomware attack on a technology provider opens up a can of worms
Case study Malware mayhem A targeted ransomware attack on a technology provider opens up a can of worms Case study | Malware mayhem Ransomware is one of the fastest growing forms of cybercrime in the world. According to our own claims data, in 2016 ransomware accounted for little over a tenth of cyber insurance claims by number. By 2017, that figure had risen to nearly a quarter. But with ransomware now an established method of attack, we are starting to see it evolve. In the past, it was common for ransomware to be distributed widely without a specific target in mind, in the hope that a small number of individuals and businesses would be caught out. Because this approach was not targeted and the cybercriminals who used it did not have a sophisticated understanding of thei