The practice of holding a prisoner or item to extort money or property to secure their release.


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GDPR cyber ransom demands predicted to increase

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.

Open 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