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Ride The Lightning (RTL) Blog Featured in eDiscovery Today

June 7, 2022

A recent blog post by Doug Austin of eDiscovery Today entitled “Ransomware Payments Rose 70 percent in 2022: Cybersecurity Trends”, featured Sensei’s Sharon Nelson’s Ride the Lightning blog.

Excerpt:

According to a recent report, ransomware payments rose 70 percent in 2021. Yet another indication how big a cyber threat that ransomware has become.

As reported by Sharon Nelson in her excellent Ride the Lightning blog (Ransomware Payments Up 70% in 2021: The Good, Bad and Ugly of Last Year), the Washington Post reported that ransomware victims paid over $600 million in ransom payments in 2021 according to the firm Chainalysis, a 70 percent increase over 2020. And there’s been limited progress on some big goals, such as making it harder to covertly transfer ransoms using cryptocurrency.

“Ransomware continues to hammer on health care, continues to hammer on education and continues to hammer on industry — and these [hackers], in many different ways, continue to act with impunity,” Philip Reiner, a co-chair of the Ransomware Task Force and CEO of the Institute for Security and Technology (IST), said.

Read Sharon’s RTL blog here.

See Doug’s blog post here.