The threat of ransomware has everyone’s hackles up. Between JBS USA confirming last month it paid an $11 million ransom and Colonial Pipeline paying $4.4. million in May, the proliferation of malicious cyber-attacks has brought the criticality of strengthening cyber-security postures to the fore.
“No one is immune from these attacks,” said Ann Chaglassian, chief compliance officer for the Americas at Mercer, at Compliance Week’s virtual TPRM conference last week. “You can have the best security program, but these attackers are certainly getting cleverer in the approach they are taking, and there’s a constant need to keep up with what’s coming next.”
