Firms That Pay Ransom to Cyber Criminals Are Often Hit Again

Posted on: December 27th, 2022 by Leaders' Choice Staff No Comments

A new study has found that one-third of companies that are hit with ransomware and pay the hackers to unlock their systems, are often likely to be targeted a second time. And after they pay, they are often faced with significant fallout, including system rebuilding costs, their data still being leaked and financial implications, according […]

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Paid Ransomware Demands Fall Sharply as Businesses Wise Up

Posted on: November 16th, 2021 by Leaders' Choice Staff No Comments

Businesses are getting better at beating ransomware extortionists and more victims are refusing to pay to unlock their systems, according to a new report. The ratio of ransoms that the cyber criminals demand to ransoms actually paid fell to just 12% in the third quarter of 2021, compared to 44% in the same period in […]

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As Cyber Attacks Rise, Is Your Business Protected?

Posted on: March 7th, 2019 by Leaders' Choice Staff No Comments

Cyber attacks on companies’ information systems and data have reached unprecedented proportions, and are growing with each passing year. The biggest threat to an organization is if there’s been a breach of personally identifiable data or credit card information that it stores. That results in a number of costs, including notification costs, providing those whose […]

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