#IntellectualPropertyTheft

IntellectualPropertyTheft is our Cybersecurity Hashtag of the Week. Why?

While many of us are aware of the increasing risks companies must face when it comes to cyber hacks, there is another cybersecurity risk that is often overlooked, but still as dangerous: intellectual property theft. Cybercriminals are using ransomware attacks or even phishing campaigns to steal the intellectual property of companies, including trade secrets and even inventions. So, what do they do once they get their hands on this data? They can either sell it on the black market or force the company to pay a ransom to prevent it from being released to the public.

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