Cybercriminals are using a bad cyber extortion trifecta of (1) using ransomware to encrypt victim companies’ data, (2) publicizing the names of those companies that don’t pay up, and (3) then exposing the data they stole from the companies. This is bad stuff and companies had better be ready to protect themselves.
Read more:
Ransomware Gangs Now Outing Victim Businesses That Don’t Pay Up
Found a Scary New Way of Making Hacked Companies Pay Ransom – VICE
Published by Shawn E. Tuma
Shawn Tuma is an attorney who is internationally recognized in cybersecurity, computer fraud and data privacy law, areas in which he has practiced for nearly two decades. He is a Partner at Spencer Fane, LLP where he regularly serves as outside cybersecurity and privacy counsel to a wide range of companies from small to midsized businesses to Fortune 100 enterprises. You can reach Shawn by telephone at 972.324.0317 or email him at stuma@spencerfane.com.
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