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“Attackers do not discriminate - one could say, except for where the dollar sign is at play… with the link between ransomware and sectors involving the super-rich becoming increasingly prevalent.

We are witnessing a growing trend of ‘high-end’ ransomware attacks (think Ferrari in March and Moncler last year) on sectors that have the potential for the highest financial yield, as the headlines show with latest attack against German shipbuilder Lürssen, which makes military vessels as well as luxury yachts.

Interestingly, the attack coincides with increased pressure elsewhere in the world to make ransomware payments illegal, such as in Australia where the Australian Cyber Security Centre (ACSC), currently recommends that victims of ransomware attacks never pay a ransom. Although, it has been suggested such an impulsive reaction could only make matters worse, and I’m somewhat inclined to agree - criminalising ransomware payments is like shipping off fresh ammunition to the attackers, likely pushing them to more damaging data leaks and critical organisational network blocks.

Without the latest Anti Data Exfiltration tools in place, and a solid backup/incident response plan ready for the darkest hour, even organisations with some of the highest capital worldwide cannot even consider a claim of some level of immunity to cyber-attacks.”