The Current State of Ransomware Attacks in 2023

Ransomware attacks continue to rise in 2023. This podcast addresses the state of the cyber response to these attacks as well as the U.S. government’s National Cyber Security Strategy and the FBI’s recently announced heightened proactive strategy to disrupt ransomware threat actors. Questions remain as to whether these actions will lead to a decrease in the number of ransomware attacks that business entities sustain, or whether an increase in ransomware attacks will occur as a result of the decentralization of the threat actors. The presenters also discuss how these actions could affect the claims and underwriting environment for insurers and their insureds.