Ransomware Has Resurged Warns Industry Leader

The Warning Signs Have Been Signalled as Ransomware Increases Coincide with the Conflict in Ukraine

TORONTO / MIAMI – May 5, 2023 – Daniel Tobok, CEO of cyber security and ransomware company CYPFER, was a prominent speaker at the recent Zywave Cyber Risk Insights Conference in London. Tobok discussed the resurgence of ransomware attacks, noting the significant slowdown in Q1 and Q2 2022 that was “directly correlated to the conflict in Ukraine.”

Tobok highlighted the increasing aggressiveness of ransomware actors, with a recent steep resurgence of attacks following the lull after Russia’s invasion of Ukraine in 2022. He warned that organizations need to be prepared for these evolving threats, with robust cyber security measures and comprehensive insurance coverage.

CYPFER, under Tobok’s leadership, provides a range of services to help clients mitigate the risks of cyber attacks, including ransomware response planning, incident response, and breach remediation. As the threat of ransomware continues to escalate, Tobok and CYPFER are at the forefront of helping organizations stay ahead of the curve.

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CYPFER is a market leader in ransomware post-breach remediation who provides 24/7 service to businesses, organizations, and governments any time on a global scale. CYPFER combines deep experience in structured, exceptionally creative and threat intelligence enriched negotiation techniques to deliver results that far surpass markets statistics for cyberextortion and ransomware events. Their expert team of cybersecurity professionals works with several prominent global insurance carriers, leading law firms and Fortune 1000 organizations.

CYPFER’s core services include:

Founded in 2019, CYPFER is headquartered in Toronto, Ontario. The company employs 100+ people around Canada, USA, Caribbean and UK with plans to grow to 200 in 2023.

For inquiries, please contact: Daniel Tobok via email [email protected]