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Lesson learned, HBR,

With the migration to remote work over the last year, cyberattacks have increased exponentially.

Alert, HBR,

We saw more attacks of every kind, but the headline for 2020 was ransom attacks, which were up 150% over the previous year. The amount paid by victims of these attacks increased more than 300% in 2020.

Warning, HBR,

Already 2021 has seen a dramatic increase in this activity, with high-profile ransom attacks against critical infrastructure, private companies, and municipalities grabbing headlines on a daily basis.

Risk, HBR,

The amount of ransom demanded also has significantly increased this year, with some demands reaching tens of millions of dollars. And the attacks have become more sophisticated, with threat actors seizing sensitive company data and holding it hostage for payment.

Lesson learned, HBR,

These are unprecedented times in the world of cybersecurity.
With good preparation and cybersecurity hygiene, and a plan in place, your company will reduce risk and be better prepared to deal with the unthinkable.

Genioux knowledge fact condensed as an image

Condensed knowledge

Classical CONTEXT of the Digital Age

CONTEXT the Golden Knowledge Path ("GKPath") digital highway

"genioux facts", the online programme on MASTERING “THE BIG PICTURE OF THE DIGITAL AGE”, builds The Golden Knowledge Path (GKPath) to accelerate everyone's success in the digital age.

The inverted mini pyramid of knowledge that is essential to travel on the Golden Knowledge Path ("GKPath") highway.

g-f(2)256 The Big Picture of the Digital Age (5/2/2021), geniouxfacts, The fundamental knowledge mini-pyramid for traveling on the "GKPath" highway.

g-f(2)261 The Big Picture of the Digital Age (5/5/2021), geniouxfacts, You are unique. Grow without limits in the digital age.
g-f(2)257 The Big Picture of the Digital Age (5/3/2021), geniouxfacts, At any moment you take the fastest path (GKPath) to your greatness.
g-f(2)254 The Big Picture of the Digital Age (5/1/2021), geniouxfacts, The Golden Knowledge Path (GKPath) to accelerate everyone's success.
g-f(2)260 The Big Picture of the Digital Age (5/4/2021), geniouxfacts, Alerts, Warnings and Relevant Lessons Learned Traveling at High Speed on GKPath.

Lesson learned, HBR,

With the migration to remote work over the last year, cyberattacks have increased exponentially.

Alert, HBR,

We saw more attacks of every kind, but the headline for 2020 was ransom attacks, which were up 150% over the previous year. The amount paid by victims of these attacks increased more than 300% in 2020.

Warning, HBR,

Already 2021 has seen a dramatic increase in this activity, with high-profile ransom attacks against critical infrastructure, private companies, and municipalities grabbing headlines on a daily basis.

Risk, HBR,

The amount of ransom demanded also has significantly increased this year, with some demands reaching tens of millions of dollars. And the attacks have become more sophisticated, with threat actors seizing sensitive company data and holding it hostage for payment.

Lesson learned, HBR,

These are unprecedented times in the world of cybersecurity.
With good preparation and cybersecurity hygiene, and a plan in place, your company will reduce risk and be better prepared to deal with the unthinkable.

Category 2: The Big Picture of the Digital Age

[genioux fact deduced or extracted from HBR]

This is a “genioux fact fast solution.”

Tag Multiple updates for those traveling at high speed on GKPath

Tag Lessons learned to those traveling at high speed on GKPath

Lesson learned, HBR,

With the migration to remote work over the last year, cyberattacks have increased exponentially.

Lesson learned, HBR,
These are unprecedented times in the world of cybersecurity.
With good preparation and cybersecurity hygiene, and a plan in place, your company will reduce risk and be better prepared to deal with the unthinkable.
Tag Alerts those traveling at high speed on GKPath

Alert, HBR,

We saw more attacks of every kind, but the headline for 2020 was ransom attacks, which were up 150% over the previous year. The amount paid by victims of these attacks increased more than 300% in 2020.

Tag Warnings those traveling at high speed on GKPath

Warning, HBR,

Already 2021 has seen a dramatic increase in this activity, with high-profile ransom attacks against critical infrastructure, private companies, and municipalities grabbing headlines on a daily basis.

Tag Risks those travelling at high speed on GKPath

Risk, HBR,

The amount of ransom demanded also has significantly increased this year, with some demands reaching tens of millions of dollars. And the attacks have become more sophisticated, with threat actors seizing sensitive company data and holding it hostage for payment.

Type of essential knowledge of this “genioux fact”: Essential Analyzed Knowledge (EAK).

Type of validity of the "genioux fact".

Inherited from sources + Supported by the knowledge of one or more experts.

Authors of the genioux fact

Fernando Machuca

References

Ransomware Attacks Are Spiking. Is Your Company Prepared? Brenda R. Sharton, May 20, 2021, Harvard Business Review, HBR.

ABOUT THE AUTHORS

Brenda R. Sharton is a litigation partner and the Global Co-Chair of Dechert LLP’s Privacy + Cybersecurity practice. A pioneer in the space, Ms. Sharton has handled hundreds of data breach investigations for cyberattacks of all types, as well as defended landmark privacy litigation and regulatory enforcement actions. She is one of just 20 lawyers in the U.S. to be ranked as a “Leading Lawyer” in Cyber Law by Legal 500, and was named to Cyberdocket’s IncidentResponse40, the best breach response lawyers in the business.