Hackers Weaponising GDPR Could Cause a Rise in Extortion in 2018

In May 2018, the GDPR, a regulation created to protect the data of private citizens and corporations, will come into effect and companies will have to take greater responsibility for data protection or face hefty fines. Tech experts and police are warning that these fines will encourage hackers to hold data for ransom – so long as the ransom undercuts the cost of fines from the ICO and the costs incurred by the damage to reputation.

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