How Companies Are Being Forced to Pay Millions in Ransoms to Hackers

How Companies Are Being Forced to Pay Millions in Ransoms to Hackers

Show Notes

Cyber Attacks were shockingly brazen in 2021, targeting everything from hospitals, schools, to critical infrastructure at an alarming rate.

As more of the economy goes digital, individuals, businesses, and even governments are increasingly vulnerable to cybercriminals. Major corporations such as Colonial Pipeline and JBS USA had to dole out millions and millions of dollars in ransom payments, after they found their systems hacked and seized. This prompted governments across the globe to step up their approach in fighting computer crimes.

As individuals and organizations struggle to safeguard their data, we at THC break down the state of cybercrime  over the past few years, the mammoth payments to sophisticated coordinated cyber criminals and also mention a few nifty everyday "cyber hygiene' practices to protect yourselves from these blatant digital crimes.

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