CHICAGO—There is “no honor amongst thieves” when it comes to ransomware.
During a panel on claims developments here at Advisen’s Cyber Risk Insights Conference, CNA Insurance cyber industry leader Brian Robb said ransomware attacks have evolved. At the start of the ransomware trend, organizations that paid up would receive encryption keys to get data back.
Now, said Robb, there have been situations in which the thieves only returned a partial encryption key following payment, and then asked for more cryptocurrency.
Read more at https://www.advisenltd.com/ransomware-evolves-to-affect-severity-bi-remains-complicated/
Chad Hemenway, Ransomware evolves to affect severity; BI remains ‘complicated’ (May 24, 2018).
This story in an excerpt of the original. The content originally appeared in Advisen Cyber Front Page News.
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