Cyber Extortion: What Is It, and Is Your Business Protected?
Have you updated to the latest version of Windows 11 yet? If not, it’s time to act – Microsoft has announced when it will end support for older versions (and it’s soon!). Usually when people talk about digital threats to businesses, they focus on certain types of threats, like credential theft, ransomware, business email compromise, and malware. Those are all important threats that businesses need to defend against, but there’s another related type that doesn’t get enough coverage: cyber extortion. What Is Cyber Extortion? Cyber extortion is a malicious practice where criminals gain access to your organization’s data and then extort you with it, threatening to release it publicly or take some other action with it that will compromise your business or harm your reputation (or both). Usually this type of attack includes a request for ransom in exchange for not releasing your data or harming your organization. How Is Cyber Extortion Different Than Ransomware? Compromising your business an...