Threat Actors Do Their Homework,
Ransomware and Cloud Risks Accelerate
Kroll’s Q2 2024 Cyber Threat Landscape Report highlights increasing cyber risks, with ransomware and cloud vulnerabilities leading the way. Ransomware incidents rose by 2%, with groups like Lockbit and emerging variants such as Fog and Medusa targeting the education sector, particularly during periods of reduced IT staffing.
Cloud-related incidents surged by 7%, as threat actors exploited user access to infiltrate networks. Healthcare experienced a significant increase in attacks, and professional services remained the most targeted industry.
For reinsurance leaders, adapting to these evolving threats will be critical as cyber risks continue to escalate across multiple sectors.
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