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Could Ransomware Attacks Ultimately Benefit Consumers?


In the past year alone, ransomware attackers have collected hundreds of millions of dollars from the companies they’ve attacked, and companies are realizing that these attacks represent a greater threat to them than traditional data breaches. Why? Because in traditional attacks, hackers ultimately harm consumers, not companies. But ransomware attacks hurt companies directly—which means they’re finally going to feel the need to get more serious about cybersecurity. The author offers a few recommendations for how to get started.

In early 2017, a data breach at the credit reporting agency Equifax resulted in the exposure of the private records …

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