This white paper from CIOCAN's CISO Division explores the evolving ransomware threat, highlighting the rise of ransomware-as-a-service and AI-generated phishing. Experts stress preparation through playbooks, minimizing remote access, and improving user training. The report outlines how ransomware's profitability fuels more aggressive extortion tactics—from encryption to triple extortion targeting supply chains. With the rise of cryptocurrencies and software vulnerabilities, attackers find fertile ground. CISOs must define payment policies, ensure robust backups, and assess cyber insurance viability. Emerging technologies like quantum computing and generative AI pose both threats and opportunities.

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