Investment Industry Ransomware Attack – Expert Comments

News of another cyberattack on the financial industry, this one is ransomware against a third party vendor of SEI Investments. Reported by the Wall Street Journal, the ransomware attack against a vendor of SEI Investments Co. The ransomware is detected in May which exposed personal information for roughly 100 investors. The cybersecurity expert commented below on the danger of ransomware and what is the best strategy to protect against such attacks.