Chubb has identified and examined emotet, ryuk, and credential stuffing as the new dominant strains of ransomware that are wreaking havoc on businesses, including small and mid-sized enterprises (SMEs).
In its first quarter InFocus report, “Cyber Criminals Increasingly Target Small Businesses,” the cyber risk insurer noted an increase in business interruption claims due to emotet, a malicious software primarily spread through spam emails and is sometimes observed as a precursor to other troublesome types of ransomware, including ryuk.
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