Imagine waking up to an email that threatens to leak your customers’ private data unless you pay a hefty ransom. This scenario is becoming all too familiar for businesses around the globe. The cybercrime landscape is undergoing a significant transformation, shifting from traditional ransomware attacks to a more menacing form of data extortion. Experts like Joe McMann from Binary Defense and Chris Pierson from BlackCloak are raising alarms about this trend, which aims to exploit the reputational damage to coerce organizations into compliance.


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