Data Privacy + Cybersecurity Insider - February 2022 #2

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CYBERSECURITY -

Coveware 2021 Q4 Ransomware Report Issued -

Coveware issued its 2021 Q4 Ransomware Report on February 1, 2022. The report stated that although average and median ransom payments increased “dramatically” in Q4, “we believe this change was driven by a subtle tactical shift by Ransomware-as-a-Service (RaaS) operations that reflected the increasing costs and risks” of executing an attack.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising.

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