Maritime Companies Increasingly Paying Ransoms Amidst Ransomware Surge

In the double extortion strategy, cybercriminals first exfiltrate sensitive data from the victim’s servers and then encrypt the data, making it inaccessible. They then demand a ransom for both the decryption key and the assurance that they will not release the stolen data publicly. This places immense pressure on the targeted companies, leaving them with […]

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