Grubman Shire Meiselas & Sacks: Law firm
Risk to Small Business: 1.409 = Extreme A ransomware attack has compromised the highly sensitive personal data of dozens of high profile clients including tech giants, A-List celebrities, and sports stars. The law firm lost 756GB of client data in the attack. Cybercriminals are threatening to release the information in nine installments unless the firm pays a ransom, believed to exceed $20 million. This attack reflects a ransomware trend: hackers steal company data and demand payment. Until now, many were content to simply encrypt an organization’s network in hopes of being paid for a decryption key. Unfortunately, this new methodology is much more expensive, which could undermine the organization’s long-term reputation and viability.
Customers Impacted: Unknown
How it Could Affect Your Customers’ Business: Ransomware attacks are increasingly becoming data loss events, as cybercriminals steal data before encrypting critical IT. This compounds the cost and consequences of an attack, and it should encourage every organization to assess its defensive posture in relation to this threat.
1 - 1.5 = Extreme Risk
1.51 - 2.49 = Severe Risk
2.5 - 3 = Moderate Risk
*The risk score is calculated using a formula that considers a wide range of factors related to the assessed breach.