Ransomware and Business Email Compromise

This report summarizes trends in ransomware and business email compromise (BEC), highlighting 2022 statistics (e.g., median ransomware demand ~$500,000, notable industry impacts, and BEC incident costs) and drivers such as ransomware-as-a-service, credential theft, and social engineering; it emphasizes prevention and response measures including multi-factor authentication (MFA), security awareness training, monitoring for anomalous behavior, and engaging incident response partners.