Risks and (data) returns: Organizations consistently underspend on IT security, warns ransom negotiator and cyber-expert

Neil Hare-Brown on the most common mistakes companies make, how the hackers are evolving and why securing the data is the ultimate goal

IR Magazine recently spoke, on condition of anonymity, to an IRO with first-hand knowledge of a major cyber-hack. It is hard to tell just how many companies are targeted each year or how much is paid out in ransoms, though estimates made by tracking cryptocurrency payments put the figure at around $1.1 bn last year.

Our anonymous IRO pointed out that just one part of the company had been targeted – the only part . . .

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