Mind Your Spreadsheets: Tips To Improve Your Data Governance Before An Incident

Even the most secure organizations fall victim to cyber attacks. To be prepared, organizations need to identify and secure or delete certain high-risk forms of data on their systems.

Cyber criminals have been cashing in on organizations' loose information governance practices since the rise of so-called "double extortion" in 2020 in which threat actors encrypt key systems, steal data and demand a ransom in exchange for decryptors and deletion. In this article, we explain how ungoverned data collections can complicate an incident response, and provide helpful tips to improve data management.

Threats

Cyber threat actors now often steal data and hold it for ransom, offering to delete it only after payment of a ransom commensurate with the data's sensitivity.