Hacking often conjures images of malicious criminals breaking into computer systems to steal and sell data for monetary gain. More recently, hacking has become known as a weapon that can cause public embarrassment and wreck reputations.
Cyber-extortion and the threat to expose sensitive information are on the rise. In a recent IBM report, “Ransomware: How consumers and businesses value their data,” almost half of executives (46 percent) reported that they’ve had some experience with ransomware attacks in the workplace, and 70 percent of those respondents paid to get data back.
