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Mint Mobile discloses new data breach exposing customer data
(www.bleepingcomputer.com)
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this post was submitted on 24 Dec 2023
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Oh for sure, didnt mean to imply it was the only reason.
Spearphishing high-value targets, or even just phishing a company's email roster are very very common practices because they yield significant results.
Theres also the "insurance approach" to cybersecurity, where its cheaper to run PR for a little while and/or take out insurance policies against cyber attacks such as ransomware. The latter is a key factor as to why many companies dont mind paying the ransom at all.