Boards need to make ransomware protection a top priority
Ransomware attacks increased 150% last year according to Group-IB, a leading cybersecurity solutions provider, a trend that shows no signs of slowing. Given the financial, operational and reputational risk that ransomware poses, boards of directors need to make sure that safeguarding data from an attack is a top priority for the organizations they oversee. I recently made this case in an open letter to board members in Australia that was published in our only national daily newspaper, The Australian, and is reprinted below.