The rise in ransomware and growing government concern

Ransomware represents one of the most significant and growing international cyber threats, with serious economic, security and public safety consequences for the financial sector and the UK economy at large.

The financial sector recognises the impact of ransomware attacks within an organisation and its ability to severely disrupt business process, compromise of and access to critical data and welcome the opportunity to recommend and support ongoing activities across the UK government on ransomware, which are important to the banking and finance sector.

The rise in ransomware and growing government concern

25.05.22

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