4 key steps to re-evaluate your cybersecurity priorities

Cyber extortion bolted to its highest level in early 2023 after a slight decline in 2022, according to Orange Cyberdefense, and didn’t slow down the rest of last year. This year will likely see more of the same.

Cyberattacks on business and industry are increasing in frequency, scale, and cost, especially against high-value targets, such as banks, hospitals, utilities, and universities, which hold the sensitive information most coveted in the dark marketplace. 

Technology and cybercriminals’ sophistication are evolving together quickly, yet many companies and organizations are not. Financially motivated cybercriminals are capitalizing on many victims’ willingness to pay in hopes of quickly restoring network systems and reclaiming sensitive information.