In The News

No Sign of Reprieve From Ransomware Frenzy for Companies in 2022

Bloomberg Law

27 Dec 2021

Alex Iftimie spoke to Bloomberg Law about the trend of ransomware attacks continuing in 2022, posing legal, reputational, and regulatory risks for businesses.

According to Alex, software supply chain vulnerabilities are particularly insidious because they can be leveraged to “magnify” the impact of a cyberattack.

“We’re seeing as a trend in 2021 and into 2022 the targeting of software and IT tools that are being used across industries and across companies to allow the hackers and malicious actors to get into not one or two systems, but thousands of systems in fairly short order,” Alex said.

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