Understanding Cyber Extortion: Risks and Impact on Your Business
Cyber extortion has become a headline-grabbing issue, keeping many business owners awake at night.
Are you aware of it? You should be—because it could impact your business someday.
What is cyber extortion?
Cyber extortion is a type of cybercrime where attackers threaten to damage your business by compromising its data and digital assets unless a ransom is paid. This often involves ransomware, a malicious software that encrypts your data, rendering it inaccessible until you pay the demanded ransom.
In some…