Company News
Sensei Article Featured in ALPS Blog
May 24, 2022
“Ransomware Today: Top Tips for Law Firms” by Sharon D. Nelson, John Simek, and Michael Maschke was recently featured in an ALPS blog post. ALPS is the nation’s largest direct writer of lawyers malpractice insurance.
Ransomware Today
Ransomware has been a curse for quite a while. Law firms are one-stop shopping for cybercriminals, alluring because they hold the data of many people and businesses.
More than 80% of attacks today exfiltrate or take your data. That means you have a data breach – and potentially a number of legally required notifications. Attackers will try for two ransoms, one for the decryption key to restore your data and – if you’ve been lucky enough to be able to restore your data with known good backups that are NOT connected to your network, the cybercriminals will still demand a hefty ransom to keep them from selling or leaking your data. They’ll put pressure on you by calling the media or they will call your clients themselves to let them know that their data will be leaked or sold if a ransom is not paid.
The average ransom paid at the beginning of 2021 was $118,000 – by the end of the year, it rose to $322,000.