Cheapskates wouldn't pay for security help, got hit by ransomware, and went bust months later

What happened: A report describes companies that declined to pay for security help, were hit by ransomware, and went bust months later. Why it matters: The report ties refusal to fund security assistance to ransomware compromise and subsequent business failure, and notes infosec remains a stable career bet. Key numbers: Ten years since the first corporate ransomware, per Mikko Hyppönen. Coverage: 3 outlets in 24h

A report describes companies that declined to pay for security help, were hit by ransomware, and went bust months later.

The report ties refusal to fund security assistance to ransomware compromise and subsequent business failure, and notes infosec remains a stable career bet. Key numbers: Ten years since the first corporate ransomware, per Mikko Hyppönen.