“That’s where tactics like double extortion come in. With double extortion, a cybercriminal might ask for a ransom before they provide a decryption key while also threatening to leak sensitive data if they don’t get paid. This tactic targets companies with strong backups, which may not need to regain their encrypted files, and puts additional pressure on senior leadership by threatening a business’s reputation.”
The article also reports on a woe-begotten company that got hit by two ransomware gangs at the same time.
Tactics like double extortion and targeted attacks are becoming more common.
Source: As Insureds Up Their Cybersecurity Defenses, Cybercriminals Are Getting More Creative