What are the economic, psychological and societal harms from ransomware attacks?

Caute_cautim — Tue, 13 Aug 2024 20:52:33 GMT

Hi All

In this **new** piece of research aptly titled "‘There was a bit of PTSD every time I walked through the office door’: Ransomware harms and the factors that influence the victim organization’s experience", we answer these questions and more related to the threat of ransomware and how organisations (and their employees!) struggle.

Top takeaways below and attached!

1️⃣ For organizations, the risk of business interruption and/or data exposure presents potentially highly impactful financial and reputational harm(s).

2️⃣ The victim organization’s staff can also experience a range of under-reported harms, which include physiological and physical harms that may be acute.

3️⃣ We identify critical factors that can either alleviate or aggravate the experiencing of harms at the organizational and employee level; including ransomware preparedness, leadership culture, and crisis communication.

You can access the full article for free here: https://lnkd.in/e6DZfAVx. Please do share with anyone you think that may be interested, including cyber security professionals, insurers, policymakers, and academics.

This work involved many amazing folks including Gareth Mott, Sarah T., Nandita Pattnaik, Jamie MacColl, Pia Katharina Hüsch and James Sullivan, and was supported by Research Institute for Sociotechnical Cyber Security (RISCS) and National Cyber Security Centre. Institute of Cyber Security for Society (iCSS) University of Kent.

https://academic.oup.com/cybersecurity/article/10/1/tyae013/7723878?login=false

Regards

Caute_Cautim

topic What are the economic, psychological and societal harms from ransomware attacks? in Governance, Risk, Compliance

What are the economic, psychological and societal harms from ransomware attacks?