When it's a choice between maintaining critical, life-saving services or refusing to give in to cyber criminals, healthcare providers face a high-risk, controversial decision when it comes to ransomware demands.
Three-quarters of business continuity managers fear the possibility of an unplanned IT and telecoms outage, and 73 percent worry about the possibility of a cyber attack or data breach, according to the annual Business Continuity Institute (BCI) Horizon Scan.
The legal consequences of cyberattacks, such as class-action lawsuits on behalf of victim third-parties, are a growing worry of business owners, and businesses without cyber insurance are vulnerable to cybercrime and any consequential litigation, according to Solace Insurance.