A poignant example of concentration risk is the congregation of software development and IT service firms located throughout Ukraine. Just a few days ago, this risk was most likely not on anyone’s radar.
February 1, 2022
Cyberattacks were on the rise in 2021, as was the level of sophistication of these attacks. Bad actors used automated tools, social engineering, and compromised endpoints to their advantage; ransomware has become a common weapon of choice for crime rings.