Ransomware didn’t just grow in the US in 2023, it evolved, with the frequency of ransomware claims jumping 64% year-over-year, according to At-Bay. This was primarily driven by an explosion in “indirect” ransomware incidents which increased by more than 415% in 2023 than in 2022. Standing out among the biggest loss drivers were remote access tools, which accounted for 58% of ransomware attacks. Double leverage attacks – those using both data encryption and exfiltration – … More →

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