Through the use of DDoS attacks, ransomware, and threats of public data dumps, criminals and hacktivists have declared open season on organizations large and small, public and private. Costs to organizations can include significant business interruption and loss of key data, in addition to reputational damage.
Like the L.A. hospital extorted for $17,000 in Feb. 2016, many companies are choosing to simply pay the ransom rather than risk even costlier damages and business interruption. But many also choose to keep quiet about it, making it harder to advance law-enforcement efforts.
Sponsor’s Information: Learn more about how Starr Cyber can help with your cyber extortion risks.