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Cyber Extortion Surge: Small Businesses Hit Hardest by 77% Spike
Cyber extortion, the top threat to businesses, has surged 77% in a year, with small businesses hit four times harder than larger ones. Hackers now post stolen data on dark web leak sites to pressure victims. Time to beef up your cybersecurity, folks!
Hot Take:
Cyber extortion is the business world’s version of “Hey, nice data you got there. It’d be a shame if something happened to it.” And just like that, hackers are making more money than a summer blockbuster!
Key Points:
- Cyber extortion victim numbers rose by 77% year-over-year.
- Small businesses are four times more likely to be targeted than larger ones.
- The US, UK, and Canada have seen the highest increases in attacks.
- Manufacturing, professional services, and healthcare are the top targets.
- Regular recommendations: backup plans, up-to-date software, and multi-factor authentication.
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