“’Threat actors have moved to engaging in double extortion, meaning that the hackers would threaten to release private information if the organization doesn’t pay,’ said Angela Feudo (pictured below), manager, professional solutions, Trisura Guarantee Insurance Company. ‘Threat actors are also using distribution denial of service [“DDoS”] attacks as well on their victims to put pressure on them to pay the ransom.'”
Proactive controls are essential in today’s evolving threat landscape
Source: Cyber insurance leaders reflect on “everywhere” risk | Insurance Business Canada