Ransomware 3.0: Economics and Strategic Response in Business
🔒 Ransomware 3.0 has evolved from simple encryption to coordinated, multi-stage extortion campaigns that target operations, stolen data and public pressure. Attackers now deploy triple extortion—encryption, data exfiltration and public shaming—to maximize leverage. The insurance market is narrowing coverage with sublimits and exclusions, so organisations must pair policies with robust technical defences and rehearsed incident response aligned to NIST CSF. Boards should treat insurance as residual risk transfer, not a primary recovery plan.
