While the education and healthcare sectors have been regular targets of ransomware, experts say recent incidents are reflecting increasingly aggressive extortion tactics as well as a more heightened – and crueler – focus on exploiting weak or vulnerable groups as a means of upping the pressure on organizations to pay.
Many industry professionals viewed the Biden administration’s cybersecurity strategy as a positive step, but warned of the investment that will be needed to carry it out.
The federal government has no shortage of reasons to begin thinking about how to insure against damages that private markets can’t — or won’t — cover on their own.