Ransomware Attacks Spur Concern Among Cannabis Companies

Imagine logging on to your business’ computer systems, only to find your most critical information and tools locked and inaccessible. A message demands a ransom, often to be paid in cryptocurrency, or the data will be locked forever or even possibly leaked online.

Ransomware attacks have spiked since the start of the pandemic, increasing 150% over 2019, part of a larger international trend going back ten years. This trend has caught many businesses off-guard and unprepared, opening them up to lost data, interrupted operations, and high financial expense. I chatted with cannabis executives from Regrow and Confia to discuss the risk posed by ransomware and the steps businesses need to take to be protected.