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Ransomware is the cyber threat that continues to gain momentum. The worldwide Petya and WannaCry attacks this year finally brought Ransomware into the mainstream media, and the new strain Bad Rabbit struck Eastern Europe recently. IT security is in the spotlight, and businesses must pay attention. We’ve also discovered that Uber paid off hackers to cover up a breach of over 50 million customers’ data; while this attack hasn’t been confirmed as Ransomware, it indicates a shift in the tactics cybercriminals are using ahead of GDPR. Had this happened under the upcoming General Data Protection Regulation (GDPR), Uber would be in hot water. It’s the perfect example of non-compliance; not only did a data breach occur, but the Information Commissioner’s Office (ICO) wasn’t informed as Uber paid off the hackers to keep it under wraps. This could have cost Uber the maximum penalty under GDPR, and the hackers exploited that.....
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