Security & Risk Management

I'm baby iceland brooklyn sustainable YOLO copper mug hot chicken.

Hackers hit firms large and small

Hackers make headlines when they strike huge pipelines and major meat processors, but they also can target small and medium businesses.

Ransomware, unfortunately, is a growing problem – an estimated $350 million was paid last year, three times the amount paid in 2019. Although law enforcement recommends against paying the ransom, many businesses choose to pay the money and regain their computers as quickly and quietly as possible.

How they get away with it

Sophisticated hackers know how to set their price, demanding an amount that is substantial but not too substantial for the victim to pay. 

And ransomware is made possible because crypto-currencies like Bitcoin are hard to track, although a U.S. task force recently was able to recover almost half the $4.4 million ransom paid by Colonial Pipeline. 

Criminal hackers often set up shops in Russia and other countries that don’t allow the United States to extradite criminals. Criminal hacking was among the topics President Joe Biden discussed in June with Russia’s leader, Vladimir Putin.

Meanwhile, an organization’s best protection is to maintain tight security for its computer system.

Mark Wiener


Cum sociis natoque penatibus et magnis dis parturient montes, nascetur ridiculus mus. Donec quam felis, ultricies nec, pellentesque eu, pretium quis, sem. Nulla consequat massa quis enim.

Related Thoughts

People overlook easy protection

First, you’re hacked. Then you’re sued.

How to improve email protection

Cyber insurance wants to know…

Hackers target big industries that pay ransom

Scams target chip buyers

Two ways to stymie hackers

Too many chips made in Taiwan

The dark web wants your info!