Insights

Cyberattacks have become an omnipresent threat in our society, affecting every industry. On Friday, July 2, the biggest ransomware attack on record hit thousands of victims in at least 17 countries, including at least 200 companies in the United States. Hackers demanded $70 million in cryptocurrency to provide a decryption key. This attack followed on the heels of two high-profile ransomware attacks on U.S. infrastructure: the May Colonial Pipeline attack and the June attack on JBS, the world’s largest meat processing company.