"In the more sophisticated attacks, we have also seen ransom demands increase significantly, up to as high as $2.8 million," Beazley researchers report in the firm's October 2018 breach insights report. (Shutterstock)
The number of reported ransomware incidents is on the rise, according to Beazley breach insights for October 2018. The report also details how cyber attacks are becoming more diverse, and outlines some steps businesses can take to mitigate this growing threat.
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Rosalie Donlon
Rosalie Donlon is the editor in chief of ALM's insurance and tax publications, including NU Property & Casualty magazine and NU PropertyCasualty360.com. You can contact her at [email protected].
