Alvaka proudly shares that CEO Oli Thordarson was featured on The Insurer’s News in Focus following the NetDiligence Cyber Risk Summit in Miami Beach. In the interview, Thordarson explains how modern ransomware groups are deliberately timing attacks to inflict maximum financial and operational damage, targeting organizations at their most vulnerable moments.
He highlights a growing trend of threat actors striking online retailers in the critical days before Black Friday and Cyber Monday, when downtime carries the highest cost. In some cases, attackers escalate pressure by contacting executives, employees, and even customers during active incidents to accelerate ransom payments. According to Thordarson, this reflects a highly organized criminal model focused on creating enough “pain and suffering” to ensure payment.
The conversation also explores the spike in incidents tied to unpatched edge devices, the continued risk of backup deletion where immutable protections are not in place, and the increasing scrutiny placed on managed service providers when security failures contribute to breach outcomes. Thordarson further discusses how cyber insurance underwriting is evolving, with carriers implementing deeper technical reviews and rewarding organizations that demonstrate materially safer network architectures.
The interview underscores a critical shift in today’s threat landscape: ransomware is no longer simply opportunistic — it is strategic, timed, and operationally calculated.
For more details, refer to the official interview HERE.
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