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How to fend off hackers out to extort companies for million-dollar ransoms

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Ransonware hackers pocketed about $1.5 billion from companies worldwide when their attacks went up in 2023.

Ransonware hackers pocketed about $1.5 billion from companies worldwide when their attacks went up in 2023.

PHOTO: REUTERS

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Many of us are wise to the tricks scammers play in their ever-craftier attempts to rip off vulnerable individuals, but a more insidious danger comes in the form of cyber crooks targeting companies and their employees.

The threat, so far, comes mainly from overseas, with hackers preferring to target businesses for the obvious reason that they have plenty of money.

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