From ransomware to doxware
TECHNOLOGY
Most common mistakes businesses make Not prioritising the CISO role is just one of many mistakes that businesses are making today . According to Winkler , businesses generally don ’ t focus enough on the basics and often focus too much on the obvious when what is actually needed is for firms “ to focus on the underlying architecture ”.
He points not to a specific cyberattack , like ransomware or phishing , as major threats to businesses in the security landscape , but “ enterprise ignorance ”, along with a company ’ s lack of applying basic security protection . And this , Winkler explains , can lead to big incidents .
“ The reality is that the basics matter , we call it cyber hygiene , so while everyone loves to talk about the hype of advanced attacks , it ’ s the simple things that are usually exploited to create the major incidents . Small businesses are dealing more with end user related issues and have to work
From ransomware to doxware
Ransomware attacks , where cybercriminals hold your computer data or network hostage until a ransom is paid , is a serious and growing threat for businesses , both in scale and severity , and isn ’ t just about fraud and theft of money or data , but also “ the loss of key services and unenviable choices for unprepared businesses ”, says Lindy Cameron , CEO of NCSC . And ransomware has upped its game during the pandemic , with attacks up 800 %, according to cybersecurity firm MonsterCloud , with founder Zohar Pinhasi suggesting that criminals have now converted ransomware to something called doxware . " If you ' re not going to pay us , we will sell your data and , in addition to that , notify your customers that you were hacked and that their data was compromised ,” says Pinhasi . “ This is a game-changer since the coronavirus started – we ' ve seen it in the past , but not to this degree ."
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