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New York, March 23, 2020 (GLOBE NEWSWIRE) — Ransomware attacks skyrocketed in 2019, according to the latest Beazley Breach Briefing, an annual update on cyber trends produced by leading cyber insurer Beazley.
Beazley’s in-house team of breach experts, Beazley Breach Response (BBR) Services, reported the number of ransomware attack notifications against clients increased by 131% compared to 2018. With the growth in frequency, the sums demanded by cybercriminals also increased exponentially, sometimes reaching seven or even eight figures.
Cyber criminals’ methods of attack continue to evolve, too. The two most common forms of attack to deploy ransomware are phishing emails and breaching poorly secured remote desktop protocol (RDP). RDP enables employees to access their work computer desktops or company’s primary server from home with the press of a button, but the convenience also comes with added risks.
Katherine Keefe, Beazley’s global head of BBR Services, said: “With the convenience of enabling employees to work from home, using RDP can make IT…
