RANSOMWARE - Trends
Key Observations: Ransomware activity has dramatically outpaced Data Breach/Privacy Event activity . Ransomware up 311% from Q1 2019 to Q2 2021. Eight figure losses are commonplace – business interruption represents the largest component of loss, litigation still to come . Data exfiltration occurred in 77% of ransomware cases per Coveware in Q1 2021. Average downtime in Q1 2021: 23 days per Coveware 5
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