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ARTICLE · 23 AUGUST 2018

What Are A Business' Digital Risks?

Gowling WLG
Gowling WLG
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Gowling WLG

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While technology offers a multitude of opportunities to businesses it is essential that risks are considered when digital processes are adopted.

CanadaTechnology

While technology offers a multitude of opportunities to businesses it is essential that risks are considered when digital processes are adopted. Digital risk can be posed to a business in many forms and it is important that companies understand the possible threats and how to mitigate them.

In a recent report, government workers in Alaska had to resort to using typewriters after their computer systems failed due to a ransomware incident. Ransomware is a form of malware that is used in cyber-attacks to encrypt computer systems, effectively holding data hostage until a ransom is paid.

The attack left the borough of Matanuska-Susitna without its email and disaster recovery servers, as well as its telephone and door entry systems. While the organisation is now in the process of rebuilding its IT infrastructure, nearly all of its 500 desktop computers were affected and email was left completely unrecoverable.

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