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The Latest Cybersecurity Threat: Pay Us or We Release the Data

Wall Street Journal

07 Sep 2021

Miriam Wugmeister spoke to the Wall Street Journal about the increase of ransomware attacks, and what companies should do when hacked.

According to Miriam, privacy laws in all U.S. states, the European Union, and other countries require companies to notify affected people if their data is exposed, even if a ransom is paid to prevent the stolen data’s release.

Companies also want to notify their employees or customers before their information appears on the dark web, Miriam added. “The most important thing is to get ahead of the story.”

Read the full article (subscription required).

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