As we prepare to close the books on another eventful year in the
cyber and privacy space, Wiley's cyber insurance team is
already making predictions for 2025.
Q: So, let's get right into it – based on your
experience this year, what do you think is in store on the
ransomware front in 2025?
Nate Lovett: In recent years, ransomware
attacks have grown substantially more sophisticated and targeted.
Coordinated federal and international crackdowns knocked out
several notorious ransomware gangs in 2023, only to have many of
them reorganize and rebrand in 2024. Unfortunately, we do not see
ransomware activity slowing down in 2025, particularly as threat
actors increasingly deploy AI and other sophisticated measures to
help them carry out attacks. With attacks becoming more targeted,
we can expect threat actors to continue to target high-value
sectors such as critical infrastructure, health care systems,
telecommunications, financial services, and supply chain vendors,
in