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07/05/2021
Ransomware attacks driving cyber reinsurance rates up 40%
Forbes
NBC News reported on Friday that, “A successful ransomware attack on a single company has spread to at least 200 organizations, according to cybersecurity firm Huntress Labs, making it one of the single largest criminal ransomware sprees in history.” The Washington Post later said the attack impacted more than 1,000 companies.
According to Forbes, a group of Russian-speaking hackers claimed responsibility for the massive ransomware attack and demanded $70 million in bitcoin to restore the companies’ data.
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