Showing posts with label Trade Secrets. Show all posts
Showing posts with label Trade Secrets. Show all posts

November 23, 2014

Data 4 Ransom

The future of cybercrime will soon become the almost routine taking of your personal and corporate data as hostage. 

Once the hacker has control of it, with or without exfiltration, they will attach malware to it--like a ticking time bomb.


A simple threat will follow:


"I have your data. Either you pay for your data back unharmed OR your data will become vaporware! You have one hour to decide. If you call the authorities, you data is history."


So how valuable is your data to you?  


- Your personal information--financial, medical, legal, sentimental things, etc.


- Your corporate information--proprietary trade secrets, customer lists, employee data, more.


How long would it take you to reconstitute if it's destroyed?  How about if instead it's sold and used for identity theft or to copy your "secret sauce" (i.e. competitive advantage) or maybe even to surpass you in the marketplace? 


Data is not just inert...it is alive!


Data is not just valuable...often it's invaluable!


Exposed in our networks or the cloud, data is at risk of theft, distortion, or even ultimate destruction. 


When the time comes, how much will you pay to save your data?


(Source Comic: Andy Blumenthal)

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