As the U.S. economy is becoming increasingly reliant on information technologies, it faces growing threats from malicious cyber actors. The public was recently reminded of the scope of the threat by the brazen ransomware attacks against Colonial Pipeline and JBS SA, the world’s largest meat processing company, with both attacks raising prices and affecting consumers. It is no surprise that these particular companies were chosen as ransomware targets. In addition to having cash for sizable ransoms, these types of businesses value operational continuity. Healthcare, government and services sectors, where disruptions are either life-threatening or critical or both, are more likely to be hit by ransomware attacks than, say, real estate developers.
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