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In the first half of 2020 Kivu observed markedly higher ransom demands from attackers, a shift from opportunistic attacks to targeted attacks, and an increase in organized cyber-criminal syndicates leveraging theft of sensitive information to extort high ransoms from victims regardless of the existence of back-ups.
Our report delves into ransomware and doxing trends, providing in-depth assessment of affected industries and countries, as well as a taxonomy of the most prolific ransomware variants.
Insurance commentary is provided by leading commercial insurance carrier Hiscox, with added data insight from their annual Cyber Readiness Report, which surveys thousands of businesses worldwide.
The result is a comprehensive report on the state of ransomware crime and its consequences for organizations the world over.