I've been reading recently about cyber extortion attempts against small businesses.
Here is how it goes: a hacker steals valuable customer data and says they will disclose that data publicly unless your company pays them. The hackers don't demand millions of dollars, just a sum that a small or midsize business could come up with (it would hurt to pay, but it would be possible). Say $6,000 or $18,000 or $27,000, depending on the business's size.
Does anyone know any business that has been victimized this way?