Strategy & Operations-RT Archives - News/Media Alliance https://www.newsmediaalliance.org/category/research-tools/strategy-operations/ Thu, 07 Dec 2023 16:41:01 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.2 New Market Report from News/Media Alliance Provides Trends, Insights on Valuable News & Magazine Audience for Advertisers https://www.newsmediaalliance.org/release-new-market-report-from-news-media-alliance-provides-trends-insights-on-valuable-news-magazine-audience-for-advertisers/ Mon, 04 Dec 2023 14:25:22 +0000 https://www.newsmediaalliance.org/?p=14422 Hundreds of millions of adults read news and magazine media each week. That finding and many others can be found in the newly released News/Media Alliance 2023 Market Report: News and Magazine Media: Providing a Trusted, Brand Safe Source for Reaching Engaged & Influential Audiences.

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FOR IMMEDIATE RELEASE

Arlington, VA – Hundreds of millions of adults read news and magazine media each week. That finding and many others can be found in the newly released News/Media Alliance 2023 Market Report: News and Magazine Media: Providing a Trusted, Brand Safe Source for Reaching Engaged & Influential Audiences. The Market Report provides useful facts and figures on the news and magazine media audience and related benefits and advantages for marketers of advertising in print and digital news and magazine media.

A key overall finding of the Market Report is that the inherent value of the news and magazine media audience itself continues to be a huge benefit for advertisers due to their socioeconomic profile and strong purchasing history in several retail categories.

The report highlights the unique qualities of news and magazine media for advertisers, including a brand-safe environment; audience trust in and engagement with the advertising found in their products; a wealthier, more-educated audience than the average U.S. adult; news media reach of more than 116 million U.S. adult consumers, including 44 percent of adults; and magazine media reach of 224 million Americans in 2023.

The Market Report details how news and magazine media provide the best advertising strategies and channels to reach the desired audience(s). The report looks at key demographics of the news and magazine audience, such as income and education, as well as their buying and spending habits and their role as influencers in society which, taken together, make them a must-reach audience for advertisers.

Alliance Vice President of Research & Insights, Rebecca Frank said, “We are excited to have this data to help us evolve the understanding of the value of news and magazine readers for advertisers, which we hope will sustain ad-supported media into the future.”

Today’s news and magazine companies are publishers of original content, providers of marketing services and experts on their readers and communities. Their solutions encompass a variety of customer-focused marketing solutions, from standard print and digital advertising to events, research and marketing services.

“Nowhere else can readers find the quality journalism and content that our members offer,” said Alliance President & CEO Danielle Coffey. “From sports to politics to recipes to games to breaking news to investigative journalism, news and magazine media provide that brand safe environment where marketers can feel confident that their ads will always appear alongside trusted and credible content.”

This is the first combined report on the unified news and magazine media industry under the News/Media Alliance, which last year merged with MPA, the Association of Magazine Media. Alliance members represent many of the largest and most renowned brands in the magazine and news publishing industries representing $45 billion in combined annual revenue.

The 66-page Market Report includes research and statistics from a wide range of sources, including MRI-Simmons, Nielsen Scarborough, Edelman Trust Barometer and more, which paint a comprehensive picture of the value of the news and magazine audience for advertisers.

Highlights from the 2023 Market Report include:

Reach:

  • Our products reach hundreds of millions of Americans.
  • Print and digital newspaper reach nearly half of all US adults (116 million or 44%)
    • 45% of adult men engage with news media weekly, 43% of adult women.
  • The US magazine audience reached 223.6 million Americans in 2023 (print + digital)
    • 87% of US adults have read a magazine in the last 6 months.

Valuable Audiences:

  • The news media audience is well-educated and high-income, with a median household income $8K higher than the national average.
    • News audiences who access news via web/apps/mobile are younger (half are under age 44) and even higher-earning individuals.
  • Nearly 9 in 10 Americans of all age groups have read magazine media in the past 6 months, with numbers increasing as age decreases.
    • Black, Hispanic and LGBT Americans all read more print magazines per month than the U.S. average.

Trust:

  • Traditional media sources are more trusted than owned and social media.
  • Magazine readers are trusted by their communities and influence others’ purchases and make recommendations.
    • Readers prefer magazines to internet, TV and radio on the topics of healthcare, automotive, vacation, finance, and food.

Spending Habits:

  • News media reach not only high-value consumers, but those who make high-end purchases.
    • News media reach 58% of households that own or lease a hybrid or electric car, 58% of households that own stocks, and 51% of shoppers who spent $2500 or more on internet purchases in the past year.
  • Nearly 8 in 10 magazine readers who see an ad in their magazine take an action as a result.
    • One in four readers looked for more information about the product/service, and one in five visited the advertiser’s website.

The Market Report is available exclusively to Alliance members on its website here (member login required). Advertisers and other who are not Alliance members who are interested in obtaining a copy of the report can request it here.

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Media Contact:
Lindsey Loving
Director, Communications
lindsey@newsmediaalliance.org

The News/Media Alliance is a nonprofit organization representing more than 2,200 news and magazine media organizations and their multiplatform businesses in the United States and globally. Alliance members include print and digital publishers of original journalism. Headquartered just outside Washington, D.C., the association focuses on ensuring the future of journalism through communication, research, advocacy, and innovation. Information about the News/Media Alliance can be found at www.newsmediaalliance.org.

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2023 Market Report Q&A https://www.newsmediaalliance.org/2023-market-report-q-and-a/ Mon, 04 Dec 2023 14:23:40 +0000 https://www.newsmediaalliance.org/?p=14425 This Q&A provides additional background information and answers to common questions about the News/Media Alliance 2023 Market Report: News and Magazine Media: Providing a Trusted, Brand Safe Source for Reaching Engaged & Influential Audiences.

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This Q&A provides additional background information and answers to common questions about the News/Media Alliance 2023 Market Report: News and Magazine Media: Providing a Trusted, Brand Safe Source for Reaching Engaged & Influential Audiences.

Q: What is the Market Report and what does it contain?

A: The 2023 Market Report from the News/Media Alliance is a comprehensive research report that provides revealing facts and insights that help inform publishers and advertisers about the value of our members’ products.

The 2023 Report features newly published data about news and magazine media, including audience size and demographics, reader consumption behavior, shopping trends, and more. The report grew out of previous work done by the News/Media Alliance, specifically the News Advertising Panorama and Magazine Media Factbook (member login required).

Q: Who is the audience(s) for the Market Report?

A: The audience for the Market Report includes those working in or with the news and magazine industry, including in advertising, marketing, editorial, audience engagement, and other aspects of providing engaging content to readers. There are hundreds of useful data points in the Market Report to help you gain additional insight into who, what, when, where and why readers engage with news and magazine media, including ads.

Q: Why did you combine the separate news and magazine reports?

A: We know that all publishers – news and magazine outlets, print and digital – face similar challenges and can help one another to position themselves for success. As our organizations merged in 2022, we represent a unified industry working toward shared goals, and so moving forward, we will release the data in a combined Market Report.

However, the report still breaks out separately data that is specific to news or magazines.

Q: What are the main highlights of the Market Report?

A: We see the most important findings that members and advertisers alike can draw from the report as laddering to four larger categories:

1. Audience Size: News and magazine media reach hundreds of millions of Americans.

  • Print and digital newspapers reach nearly half of all US adults (116 million, or 44 percent).
    • Forty-five percent of adult men and 43 percent of adult women engage with news media each week.
    • Magazines reached 223.6 million Americans in 2023 (print + digital).
      • Eighty-seven percent of U.S. adults have read a magazine in the last six months.

2. Audience readership composition + demographic info: News and magazine media reach a wide group of valuable consumers.

  • The news media audience is well-educated and higher income, with a median household income that is $8,000 higher than the national average.
    • News audiences who access news via web, apps, and mobile are younger (half are under age 44) and even higher earning.
  • Magazines reach an engaged audience of young and diverse consumers.
    • Eighty-seven percent of white adults, 88 percent of Hispanic adults, 89 percent of Black adults, 91 percent of LGBT adults and 92 percent of Asian-American adults read magazines in the past six months.
    • Eighty-nine percent of Americans under age 35 and 90 percent under age 25 also read magazines in the past six months.

3. Opportunities for advertisers: News and magazine media reach people looking to make big ticket purchases and who take action on information they get from news and magazines.

  • News media reach not only high-value consumers, but those who make high-end purchases.
    • News media reach 58 percent of households that own or lease a hybrid or electric car, 58 percent of households that own stocks, and 51 percent of shoppers who spent $2,500 or more on internet purchases in the past year.
    • Nearly eight in 10 magazine readers who see an ad in their magazine take an action as a result.
    • One in four readers looked for more information about the product/service, and one in five visited the advertiser’s website.

4. Trust: News and magazine publishers earn readers’ trust and they share our products with their friends and families.

  • Traditional media sources are more trusted than owned and social media.
  • Magazine readers are trusted by their communities and influence others’ purchases and make recommendations.
    • Readers prefer magazines to internet, TV and radio on the topics of healthcare, automotive, vacation, finance, and food.

Q: What else can I expect in the Market Report?

A: Other data in the Market Report include: Information about audience size and growth, reader demographics, purchase and spending behaviors, voting behavior, perceptions of news and magazine products, reader trust in news and magazine media, including ads; opinions about advertising fit with news and magazine content; and actions taken after seeing ads in news and magazine media.

Q: Where did the data come from?

A: Data and statistics in the 2023 Report came from some of the most trusted research companies in the field, including Nielsen Scarborough, MRI-Simmons/GfK, and Edelman.

Q: How can people use the Market Report?

A: Our vision for the Market Report and its predecessors has always been to inform any and all activities that publishers are using to help sustain their businesses. Examples include developing presentations and Media Kits for advertisers, developing new local outreach strategies, and refining advertising client targets based on these data points.

Q: Can I use content straight from the Market Report in my own presentations, and do I have to get permission first?

A: Yes! Members can use full slides or certain charts and graphs from the Market Report within presentations and in internal and external communications. We just ask that you attribute the information to “News/Media Alliance, 2023 Market Report, November 2023.” You do not have to get formal permission first.

Related Articles:

Press release: New Market Report from News/Media Alliance Provides Trends, Insights on Valuable News & Magazine Audience for Advertisers

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2023 Market Report: News and Magazine Media: Providing a Trusted, Brand Safe Source for Reaching Engaged & Influential Audiences https://www.newsmediaalliance.org/2023-market-report/ Mon, 04 Dec 2023 14:22:08 +0000 https://www.newsmediaalliance.org/?p=14431 Sorry, but you do not have permission to view this content.

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2023 Market Report https://www.newsmediaalliance.org/market-report/ Mon, 04 Dec 2023 14:20:34 +0000 https://www.newsmediaalliance.org/?p=14411 The Market Report provides updated research trends and data points that highlight the continued enthusiasm for news and magazine media, as well as the strong credibility and trust news and magazine media enjoy with their readers.

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The latest research, trends and insights on the news and magazine audience for marketing and advertising professionals

The News/Media Alliance is pleased to provide the 2023 Market Report: News and Magazine Media: Providing a Trusted, Brand Safe Source for Reaching Engaged & Influential Audiences. The Market Report provides updated research trends and data points that highlight the continued enthusiasm for news and magazine media, as well as the strong credibility and trust news and magazine media enjoy with their readers. The Market Report’s insights on readership and audience preferences aid news, magazine and advertising professionals in their collaboration and enhancement of their advertising efforts.

The Market Report, published by the News/Media Alliance, represents many of the largest and most renowned brands in the magazine and news publishing industries, representing over 2,200 print and digital publications in the United States and globally, and over $40 billion in annual revenue.

News/Media Alliance members:

Access the Market Reportmember login required.*

Non-members / Agencies:

If you are not a member of the Alliance, but you are interested in requesting the 2023 Market Report, please submit a request here for consideration to receive a copy.

* If needed, you can reset your Alliance password here. Please email membership@newsmediaalliance.org if you require assistance or have any questions.

Related resources:

View the press release on the 2023 Market Report here.

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Alliance Members: We’d Like Your Input! Audience & Advertising Research Needs https://www.newsmediaalliance.org/audience-advertising-research-survey/ https://www.newsmediaalliance.org/audience-advertising-research-survey/#respond Tue, 14 Feb 2023 16:40:41 +0000 https://www.newsmediaalliance.org/?p=13547 We are in the process of evaluating our news and magazine audience and advertising research reports and would like your feedback!

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This survey has ended – thank you for your participation!

We are evaluating our news and magazine audience and advertising research reports and would like your feedback!

To better meet your needs and continue to provide relevant data and trends about news and magazine media, we want to take the best of the News Advertising Panorama and Magazine Media Factbook and expand on those elements. But we need your help to make sure we’re providing you what you need most!

Please click the link below to share your thoughts. The survey should take you no more than ten minutes to complete.

Your input is extremely valuable and we thank you very much for your assistance in this important exercise!

Note: This survey is for Alliance members only who use the News Advertising Panorama and/or the Magazine Media Factbook.

Please email Alliance VP, Research & Insights Rebecca Frank at rebecca@newsmediaalliance.org if you have any questions about this survey or our research reports.

 

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Fireside Chat with Robin Berjon: Could Web3 Really Be a Thing for Publishers? https://www.newsmediaalliance.org/fireside-chat-robin-berjon-potential-of-web3-for-publishers/ Wed, 30 Nov 2022 18:14:53 +0000 https://www.newsmediaalliance.org/?p=13375 Sorry, but you do not have permission to view this content.

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News/Media Alliance Releases 2022 Magazine Media Factbook https://www.newsmediaalliance.org/release-news-media-alliance-releases-2022-magazine-media-factbook/ Mon, 07 Nov 2022 14:00:22 +0000 https://www.newsmediaalliance.org/?p=13307 The News/Media Alliance has released the latest installment of the Magazine Media Factbook. The Factbook provides updated research trends and data points that highlight the continued enthusiasm for magazine media, as well as the strong credibility and trust magazine media enjoy with their readers.

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Magazines provide a trusted environment, relevant advertising that motivates readers to act

FOR IMMEDIATE RELEASE

Arlington, VA – The News/Media Alliance has released the latest installment of the Magazine Media Factbook. The Factbook provides updated research trends and data points that highlight the continued enthusiasm for magazine media, as well as the strong credibility and trust magazine media enjoy with their readers. The Factbook’s insights on magazine consumption and audience preferences aid magazine and advertising professional collaboration and enhance their advertising efforts.

The Factbook, originally a product of MPA – The Association of Magazine Publishers, which merged with the News Media Alliance on July 1, 2022, is being published this year by the newly combined organization, the News/Media Alliance. News/Media Alliance members represent many of the largest and most renowned brands in the magazine and news publishing industries. The combined industries represent over $40 billion in annual revenue.

“Magazines provide an ideal environment for advertising that inspires action, and the Magazine Media Factbook confirms that through its in-depth research statistics and insights,” said Alliance President and CEO, David Chavern. “Our members are trusted sources of information that readers want and need, with thoughtful, relevant and interesting ads that make readers feel heard and understood. That translates to more sales and a greater return on investment for marketers.”

Highlights from the 2022 Magazine Media Factbook:

  • Overall audience across print and digital grew in 2021 to 222.2 million readers.
  • Magazine launches rebounded from the height of the pandemic, doubling to 122 new titles in 2021.
  • More than half of individuals in every age group interact with magazines on social media.
  • People of all ages still enjoy experiencing magazines in print, including nearly six in ten 18-34 year-olds (58 percent) who say they love the touch and feel of a printed magazine.
  • Magazine readers influence others’ shopping behaviors and are above-average spenders in several purchasing categories.
  • Devoted magazine readers are wealthier, enjoy exclusive luxury products and services, and are more likely to pay premium prices in certain retail categories.
  • Advertising in magazine media is effective:
    • Over 90 percent of women 18-34 took action after seeing an ad in both a magazine and its website, and research from Dynata shows that magazine prints ads provide brand lift when it comes to growing consumer awareness and purchase intent.
    • Fifty-seven percent of adults ages 18-49 say ads in magazines fit well with the content, more than other media.
    • The number of magazine website advertisers increased 23 percent in 2021 vs. 2020.

Alliance members can access the full Factbook here (member login required). All others may request a copy of the Factbook by emailing Alliance Vice President of Research & Insights, Rebecca Frank at rebecca@newsmediaalliance.org.

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Media Contact:
Lindsey Loving
Director, Communications
lindsey@newsmediaalliance.org

The News/Media Alliance is a nonprofit organization representing more than 2,000 news and magazine media organizations and their multiplatform businesses in the United States and globally. Alliance members include print and digital publishers of original journalism. Headquartered just outside Washington, D.C., the association focuses on ensuring the future of journalism through communication, research, advocacy, and innovation. Information about the News/Media Alliance can be found at www.newsmediaalliance.org.

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Magazine Media Factbook https://www.newsmediaalliance.org/magazine-media-factbook/ Mon, 07 Nov 2022 13:30:32 +0000 https://www.newsmediaalliance.org/?p=13309 The News/Media Alliance is pleased to provide the latest installment of the Magazine Media Factbook. The Factbook’s insights on magazine consumption and audience preferences aid magazine and advertising professional collaboration and enhance their advertising efforts.

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The latest research, trends and insights on magazine readers for magazine and advertising professionals

The News/Media Alliance is pleased to provide the latest installment of the Magazine Media Factbook. The Magazine Media Factbook provides updated research trends and data points that highlight the continued enthusiasm for magazine media, as well as the strong credibility and trust magazine media enjoy with their readers. The Factbook’s insights on magazine consumption and audience preferences aid magazine and advertising professional collaboration and enhance their advertising efforts.

The Factbook, originally a product of MPA – The Association of Magazine Publishers, which merged with the News Media Alliance on July 1, 2022, is being published this year by the newly combined organization, the News/Media Alliance. News/Media Alliance members represent many of the largest and most renowned brands in the magazine and news publishing industries.

News/Media Alliance members:

Access the Factbook member login required.*

Non-members / Agencies:

If you are not a member of the Alliance, but you are interested in requesting the Factbook, please contact Alliance Vice President of Research & Insights, Rebecca Frank at rebecca@newsmediaalliance.org for consideration to receive a copy.

* Please email membership@newsmediaalliance.org if you need your username and password sent to you.

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Press Gazette Future of Media Tech Conference https://www.newsmediaalliance.org/press-gazette-future-of-media-tech-conference/ https://www.newsmediaalliance.org/press-gazette-future-of-media-tech-conference/#respond Fri, 26 Aug 2022 18:57:58 +0000 https://www.newsmediaalliance.org/?p=12987 Sorry, but you do not have permission to view this content.

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This Publisher was Victim of a Ransomware Attack: How They Minimized the Impact and 3 Lessons You Can Apply https://www.newsmediaalliance.org/this-publisher-was-victim-of-a-ransomware-attack-how-they-minimized-the-impact-and-3-lessons-you-can-apply/ https://www.newsmediaalliance.org/this-publisher-was-victim-of-a-ransomware-attack-how-they-minimized-the-impact-and-3-lessons-you-can-apply/#respond Mon, 22 Aug 2022 13:00:09 +0000 https://www.newsmediaalliance.org/?p=12952 In June 2022, a local, independently-owned publisher found its servers had been hacked and were being held ransom. The good news is they were prepared. Here are their lessons you can take and apply.

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From 2021 to 2022, ransomware attacks by hackers increased 13 percent, according to the Verizon Data Breach Investigations Report (DBIR), an increase larger than the previous five years combined. In 2014, Google researchers reported that “21 of the top-25 news organizations in the world have been targeted by hackers” (largely by state actors), a number that has almost certainly increased in the past eight years.

While large corporate and government hacks tend to generate the most attention, smaller organizations are at risk as well. In June 2022, a local, independently-owned publisher (who requested to remain anonymous) found its servers had been hacked and held ransom.

The publisher learned at 3:00 am local time that a hacker had broken in to one of their systems, looked at what files were accessible, and then locked the system, leaving a ransom note. The publisher found the ransom note when they accessed the system while attempting to solve a different print production issue. By 4:00 am local time, the publishers had notified their insurance provider, retained a lawyer and contacted the FBI.

With their legal and insurance team in place, the publisher began its response on two tracks. The first step was to contact the hacker directly. Since paying ransoms is technically illegal, their insurer had to get approval for any payments, and they were advised to set a ceiling for what they would pay and to not respond to the hacker right away, so that they might extend the timeline. On a parallel track, their internal teams were working to rebuild systems and find backups, to determine whether they would need the ransomed information at all.

It took approximately two weeks, but the publisher determined an estimate of the value of what was lost and made the hacker a counter-offer at an insurer-approved amount. When it was rejected, the publisher chose to walk away from what was lost, confident they had made the best decision without paying the original ransom amount. This was reinforced as the publisher learned that decryption keys, the information that hackers typically offer in return for their payment, don’t always work, and there is the risk of data loss even for those who pay off the hackers.

Overall, the publisher sees this as a success for three reasons:

1.)  They had a plan: They previously had a conversation on this topic with another publisher in their region, which had led them to set up a process in the event of a hack.

2.)  As part of that plan, they had cyber insurance that specifically covered ransomware attacks and a provider that could advise them on what to do, which included installing monitoring software throughout the organization’s computers and making changes to information security, such as requiring more complicated passwords.

3.)  Because they had a plan, they were able to take a step back and proceed “like it was 1975,” as the publisher said, until all their systems were back up and running safely. Any work that could be done offline, was done offline.

Additionally, the publisher also learned that some of their internal processes, while not to blame for the attack, impacted how they were able to respond to it. For instance, the publisher stored some archives in physical servers that were then locked by the hacker, rather than utilizing cloud storage, which is controlled by a third-party that can provide necessary access. Additionally, the publisher’s regular data backup schedule meant that the hacker’s malware reached their internal servers more quickly than it might have otherwise. The publisher is now reconsidering how frequently to back up their data.

The publisher said that hacks of this nature are “a criminal enterprise that works because it’s done in silence.” They believe in talking candidly about what they learned and how other organizations can prepare in advance for the possibility of a ransomware attack.

The publisher offered three pieces of advice for companies thinking about their risk:

1.)  Do not assume your company is too small for hackers to pay attention to.

2.)  Make a plan – Know how to contact your lawyer, insurance provider, and law enforcement, so you can determine what to do at each stage of the process.

3.)  Consider whether your IT policies increase your vulnerability to being hacked and work to resolve them in advance.

No company is immune to the threat of ransom attacks, but as this experience shows, forward-thinking organizations can take smart steps to mitigate their effects and continue with minimal interruptions.

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