New means of extortion
Threat actors are finding new ways to do business, resulting in double- and even triple-extortion.
Beazley has invested a significant amount of effort and resource over the years that we have been writing cyber insurance into helping our clients understand, and defend against, these evolving threats and we now see an opportunity to share these insights with the wider community. In this and subsequent Cyber Services Snapshots, we’ll be updating key data derived from incidents reported to Beazley and enriching that with threat intelligence and open-source data to pinpoint emerging trends.
Our Cyber Services team will weigh in to provide insights on key issues for a deeper dive and analysis each time. This content is intended to give our clients, as well as the community at large, confidence in their understanding of – and ability to respond to – the changing cyber threat landscape.
Devon DeFreitas
Cyber Services Manager
New York, NY
Threat actors are finding new ways to do business, resulting in double- and even triple-extortion.
Just as the number of threat actors involved in a single incident is increasing, so are the risk exposures.
Keeping up with the evolving threat landscape helps organizations to proactively ensure data is protected.
No one has a crystal ball, but when we look ahead, here's what we're watching for.
The information set forth in this communication is intended as general risk management information. It is made available with the understanding that Beazley does not render legal services or advice. It should not be construed or relied upon as legal advice and is not intended as a substitute for consultation with counsel. Although reasonable care has been taken in preparing the information set forth in this communication, Beazley accepts no responsibility for any errors it may contain or for any losses allegedly attributable to this information. Non-insurance products and services are provided by non-insurance company Beazley affiliates and independent third parties. Separate terms and conditions may apply.