PEO Compass Post: Article Review - Ransomware Returns with A Vengeance, U.S. Hardest Hit Region

ransomware cyber insurance

Article: Ransomware returns with a vengeance, U.S. hardest hit region | PropertyCasualty360

This post is sure to catch your eye, and make you understand the prevalence of ransomware, one of the most occurring forms of Cyberattacks that affect not only large corporations but SMBs as well. Ransomware is a type of malware that, when activated can access systems and block out users, essentially holding data hostage until a ransom is paid. This article will provide you with insight into the top ten countries ransomware operators are targeting according to Malwarebytes, Inc, and as the title states, the U.S. seems to be priority #1. The list in descending order goes as follows:

 

ransomware attacks

If these numbers seem alarming to you, then it's safe to say that staying on top of your organization's digital exposures and vulnerabilities will become a major priority. PEOs can do a great service to the SMBs they serve by staying on top of these vulnerabilities on behalf of their clients. We at Libertate Insurance Services have taken the liberty to track the Cyber Scores of the entire PEO industry with our proprietary scoring model, DomainProactive, developed by Gene McCulley, who started a company called StackFrame back in 2004 which was responsible for developing software for use by the U.S. Military in training simulators.

For more information on Gene McCulley and StackFrame, Click Here.

If you work for or own a PEO, and want to learn more about DomainProactive and how it can help safeguard you and your clients, click Here.

Author: Jeff Dorcely

Join the Conversation on Linkedin | About PEO Compass

The PEO Compass is a friendly convergence of professionals and friends in the PEO industry sharing insights, ideas and intelligence to make us all better.

All writers specialize in Professional Employer Organization (PEO) business services such as Workers Compensation, Mergers & Acquisitions, Data Management, Employment Practices Liability (EPLI), Cyber Liability Insurance, Health Insurance, Occupational Accident Insurance, Business Insurance, Client Company, Casualty Insurance, Disability Insurance and more.

To contact a PEO expert, please visit Libertate Insurance Services, LLC and RiskMD.

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