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Srsly Risky Biz: Data extortion is booming. Hooray!

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Srsly Risky Biz: Data extortion is booming. Hooray!

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ransomware

Srsly Risky Biz: Data extortion is booming. Hooray!

A podcast discussion examines the cybercriminal shift from ransomware encryption attacks to data extortion, where threat actors steal sensitive information and demand payment under threat of public disclosure. The speakers note that data leaks pose a greater reputational risk than file encryption for many organizations and argue that artificial intelligence (AI) developments should prompt renewed focus on the Secure by Design initiative.

Why it matters: Organizations with high reputational exposure need to prioritize data protection and classify sensitive assets, as extortion through disclosure now rivals traditional ransomware as a primary threat vector.

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