One of the dirty little secrets of many businesses, perhaps even most, is that far more of them than ever admit to it have been hacked. Still others end up paying ransomware, but they’ve never revealed this deep, dark secret. After all, who wants to admit to the world — and their customers — that they’ve been caught with their security pants down.
Well, things are about to change. In the recently signed $1.5 trillion government funding bill were new cybersecurity laws requiring companies to quickly report data breaches and ransomware payments.