Cybercriminals may seek payments when a successful ransomware attack compromises a machine, but the real damages lie in downtime and lost productivity, according to a new study.
At a recent talk in Massachusetts, Special Assistant to the president and Cyber Security Coordinator for the White House Rob Joyce discussed the administration’s cybersecurity priorities.
Following the global ransomware attack that impacted more than 200,000 organizations in 150 countries, many believed Windows XP machines were hit the most, but new data claims otherwise.
Reputation, jobs, customer services, data theft and legal costs are all dwarfed by the prospect of company-killing fines and it is these which are driving the moves to GDPR compliance.