Bloomberg Law
Dec. 27, 2021, 10:00 AM

No Sign of Reprieve From Ransomware Frenzy for Companies in 2022

Jake Holland
Jake Holland

Supply chain attacks and software exploitations are set to continue next year, and remote or hybrid work may complicate cyber-preparedness, attorneys and cybersecurity professionals say.

Ransomware attacks show no signs of slowing down in 2022, posing legal, reputational, and regulatory risks for businesses. These types of hits grew alongside an uptick in attacks related to remote work during the coronavirus pandemic.

“These are sophisticated attacks, and it’s scary the amount of damage these groups can do,” said Iliana Peters, shareholder at Polsinelli PC in Washington, D.C. “What we’re seeing now is that there’s no indication that that’s going to drop ...

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