July 2, 2022

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Vikas Bhatia on Cybersecurity & Ransomware Attacks | KnowThis

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The Justice Department says it recovered a majority of the ransom payment given to hackers after Colonial Pipeline’s systems were compromised. Zinhle Essamuah talks to cybersecurity expert Vikas Bhatia about ransomware attacks, how hackers have evolved over time, and how cybersecurity is an ‘every business problem.’
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This week, the Justice Department announced that it had recovered a majority of the ransom payment given to online hackers after they compromised Colonial Pipeline’s systems, resulting in a fuel shortage. The department warned that these digital threats are continuously growing. We talk to cybersecurity expert Vikas Bhatia—the co-founder and CEO of risk assessment software JustProtect—about the increase in ransomware attacks, how hackers are becoming less skilled, President Joe Biden’s executive order to improve cybersecurity, how cybersecurity is an ‘every business problem,’ and much more.

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