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Data extortion poses a new cybersecurity threat for organizations

Proactive cybersecurity strategies are needed to protect against data extortion.
Catherine Pyle
data extortion

The cybersecurity landscape is witnessing a shift in threats, with data extortion becoming a prominent tactic employed by hackers, according to experts at the RSA cybersecurity conference.

Why it matters: Traditionally, ransomware attacks focused on encrypting or deleting proprietary data for ransom, but now hackers are targeting customer and employee data, threatening to leak it publicly. This approach forces companies to comply with their demands to avoid reputational damage. With cybercriminals constantly evolving their tactics, organizations need to adapt and prioritize cybersecurity measures to mitigate the risks associated with data breaches and extortion.

  • This evolving threat landscape highlights the importance of being proactive in cybersecurity strategies. Focus on fundamental cybersecurity practices, such as implementing two-factor authentication and conducting regular drills to prepare for cyberattacks.
  • Vulnerabilities outside corporate security protection: With the rise of remote work and home offices, employees using personal devices become vulnerable targets. Cybercriminals exploit the weaker security measures on personal networks to gain access to corporate environments.
  • By investing in robust security measures and staying updated on the latest threats, technology leaders can protect their organizations and minimize the potential damage caused by data extortion attempts.

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