It is well documented that cyberattacks have the potential to cause catastrophic economic damage to individuals and businesses. In 2022, the Federal Bureau of Investigation’s (FBI) Internet Crime Complaint Center (IC3) received 800,944 complaints of cyberattacks or cyberenabled frauds with a potential loss of $10.2 billion.1 Since not every incident is reported, the potential losses are probably significantly understated.
Mark Podgainy, Managing Director, Leader of the Education and Hospitality & Real Estate practices, is the author of an article featured in the September issue of the American Bankruptcy Institute Journal entitled: A Cyberattack and Its Aftermath: A Case Study of Survival
by Brian Fichman | Sep 6, 2023 | Article, General, News & Views