Ransomware Headlines Across Industries
Coveware’s product and compliance teams track ransomware news and developments across multiple industries. Learn more about the relevant ransomware developments of your industry.
Information Technology Service Providers
Downtime creates cascading risks for IT service providers. Ransomware campaigns target employees, network applications, systems and hardware alike, putting client availability at risk.
Meeting regulatory demands is a persistent challenge to financial services companies of all sizes. Smaller organizations often lack the resources to keep up with the increasing sophistication of malicious campaigns. Even that smallest loss of data or archived files can create regulatory fines, censure and brand damage.
Meeting the data preservation and security demands of clients is a persistent challenge to the legal industry. Attackers know how sensitive file storage is and have made the legal community a regular target for ransomware campaigns.
Compliance with the complex web of HIPAA rules can confound even the most seasoned or mature health care organizations. Healthcare IT teams must keep up with the latest changes the threat landscape and be proactive should an incident occur.
The retail industry is a rapidly increasing target for ransomware campaigns. Downtime costs are especially devastating to small and medium e-commerce businesses. Additionally, PCI DSS (Payment Card Industry Data Security Standard) requires retailers to improve their security and ensure the security of customer data.
Downtime can create cascading risks for construction, energy and industrial companies. Ransomware campaigns target employees, network applications, systems and hardware alike, putting client availability at risk.
State & Municipal Organizations
State and municipal organizations are a repeat target of ransomware campaigns. Tight budgets, changing leadership, along with legacy hardware and operating systems can exacerbate risks.
Educational institutions are extremely vulnerable to ransomware campaigns. Large, open attack surfaces require IT service providers to have multiple solutions when incidents happen.