In the past, cyber attackers have often been unaware of how much stolen data is worth to organisations. However, the implementation of GDPR means that organisations can be fined up to 4% of their global annual turnover or €20m, whichever is greater, if found to have a data breach. These fines effectively provide cyber criminals with a price point for criminals to understand how much the data is worth to organisations.
https://serviceteamit.co.uk/wp-content/uploads/2017/11/gdpr-cyber-ransom-increase.jpg 800 1600 Emma Muers https://serviceteamit.co.uk/wp-content/uploads/2020/05/ServiceteamITLogo250.png Emma Muers2017-11-24 15:08:502017-11-24 15:08:50GDPR cyber ransom demands predicted to increase
https://serviceteamit.co.uk/wp-content/uploads/2017/04/Squarelogotemplate.png 250 250 serviceteamit https://serviceteamit.co.uk/wp-content/uploads/2020/05/ServiceteamITLogo250.png serviceteamit2017-02-13 11:01:552017-02-13 11:01:55Open Databases a Juicy Extortion Target
A sudden wave of attacks against insecure databases resulting in ransom demands points to wave of data hijacking attacks. Source: Cloud Security Open Databases a Juicy Extortion Target