"It's clear that ransomware attacks are on a record-setting pace for 2023, and based on activity at the end of Q3 and early Q4, we fully expect these numbers to surpass anything we have witnessed in previous years," Jason Rebholz, chief information security officer at Corvus Insurance, said in a release. Credit: local_doctor/Adobe Stock

Ransomware activity during the third quarter of 2023 was up 95% compared with the year prior and 11% compared with the previous quarter, according to Corvus Insurance's latest Global Ransomware report.

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Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]

Information Security
E&S/Specialty
Cybersecurity