Cybersecurity becomes increasingly challenging as criminal tactics evolve and adapt. American companies are at the forefront as they race to strengthen network security in response to cyberthreats. In 2021, the United States experienced the most ransomware threats at 421.5 million—a sharp increase from 2020.
To assist companies in preparing for and responding to cyberattacks, the U.S. Senate Committee on Homeland Security and Governmental Affairs (HSGAC) has released America’s Data Held Hostage: Case Studies in Ransomware Attacks on American Companies. This report highlights the experiences of three diverse companies in response to the Russian ransomware group REvil. Among the three are a Fortune 500 company, a global manufacturing company, and a smaller technology firm. Findings from these studies indicate the broad reach of cybercriminals and ransomware despite a variety of business models and a number of employees.