Cannabis companies considered ripe targets for ransomware attacks

Cannabis companies considered ripe targets for ransomware attacks

Author: Margaret Jackson

Even as ransomware attacks on high-profile mainstream companies such as Colonial Pipeline and JBS Foods have grabbed headlines in recent months, cannabis companies appear largely unprotected from malicious actors launching such schemes.

That could prove costly to any marijuana companies that fall victim to the crime, which forces targeted businesses to pay a ransom to regain access to data and files that have been stolen and then locked or encrypted.

With the onset of the coronavirus pandemic and the resulting remote workforce, ransom attacks last year were up 150% over 2019 and the amount victims of the attacks paid rose more than 300%, according to the Harvard Business Review.

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