In addition to extortion claims, there has also been an uptick in the number of data privacy claims in the U.S. related to biometric information, such as voice or fingerprint data, as organizations increasingly capture this information to improve online security. Credit: NicoElNino/Adobe Stock
Improvements in cybersecurity and business continuity are helping to combat encryption-based ransomware attacks, yet the cyberthreat landscape is continually evolving. This year has seen a worrying resurgence in ransomware and extortion claims, resulting in an uptick in costly incidents. Although progress is being made, this spike in attacks demonstrates that the threat posed by ransomware shows little sign of abating.
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