Sparboe: Egg producer
Risk to Small Business: 2.351 = Severe
Cybercriminals have targeted a vulnerable food supplier with ransomware that encrypted files and exfiltrated data. In addition to product-related information, cybercriminals also obtained personal data on current and former employees. Now, the company faces an arduous recovery process that will involve resuscitating its reputation as it grapples with the high cybersecurity costs associated with ransomware attacks.
Individual Risk: 2.829 = Moderate
Although it’s unclear what data was compromised, current and former employees should assume the worst. Since companies collect and store employees’ most sensitive personal and financial data, all of this information could be available to bad actors. Those impacted should notify their financial institutions while taking care to monitor their accounts and communications for unusual or suspicious activity.
Customers Impacted: Unknown
How it Could Affect Your Customers’ Business: A cybersecurity incident is a permanent stain on an organization’s reputation that can impact customer loyalty, employee retention, and future capability. Cybersecurity has implications for every facet of a business, as the investment in defensive capabilities will far outweigh the collective costs of a data loss event.