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Home / Oli Thordarson on Insurer TV: Deliberately Timed Ransomware
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Oli Thordarson on Insurer TV: Deliberately Timed Ransomware

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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.

About Alvaka:
Founded in 1982, Alvaka is a leading provider of ransomware recovery and cybersecurity solutions. Staffed with talented teams and powerful ransomware recovery tools, Alvaka’s expertise, cutting-edge technology and commitment to customer success are recognized by the top cyber liability insurers and breach counsels. Alvaka makes MSPs, IT integrators, IT consultants and IT vendors the right technology partner for fast and effective ransomware recovery.  Alvaka’s 24×7 live support, 365 days a year, is delivered by a dedicated US-based staff. Alvaka has enjoyed over four decades working in partnership with their clients and remains committed to the purpose of improving their clients’ lives through their IT management and security services.

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