Episode 14: Cyber Extortion – A Growing Business Threat
Since 2015, Cyber extortion has become one of the most significant exposures for most organizations. Overall, according to Verizon, cyber extortion attacks increased 50% in 2016 and in 2017 for an overall doubling for those two years. In addition, ransomware attacks are becoming increasingly more targeted, hitting financial infrastructure across the globe. Businesses of all sizes and industry segments are at risk. This month on the TradeSecurely podcast Cassandra Long, Associate Broker, Cyber and Privacy at Aon discusses what cyber extortion is, what it looks like, what it can cost and how to protect your business.