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Currently, there is no reliable overview of the ransomware attacks on institutions and businesses in the Netherlands and the resulting damage. This hinders effective action. Dialogic is researching how the nature and scale of ransomware attacks can be accurately depicted for the WODC.
The risk of a cyber attack is significant and increasing. Ransomware is a specific type of cyber attack where the victim is pressured by the perpetrator to do something against their will, often involving the payment of ransom. The impact of such attacks on organisations can be substantial, including:
- Costs for hiring capacity to respond to the attack;
- Costs due to data loss;
- Costs related to data exposure (reputational damage, fines, compensations, etc.);
- Ransom payments;
- Costs from disruption to business continuity;
- System recovery expenses.
Due to the ongoing developments around ransomware attacks and their severe consequences, earlier this year we mapped out the specific risk factors involved in such attacks for the WODC and the National Cyber Security Centre (NCSC). Read the research report here.
To provide the most complete picture possible of the scale, nature, and impact of ransomware attacks, we will utilise various data sources.
Interested in learning more about this research? Contact Reg Brennenraedts.