Educational Technology

February 28, 2018

Ransomware: An executive guide to one of the biggest menaces on the web

Filed under: Educational Technology — admin @ 12:25 am

by Danny Palmer, ZD Net

Cybercriminals didn’t used to be so obvious. If hackers infiltrated your corporate network, they would do everything possible to avoid detection. It was in their best interests not to alert a victim that they’d fallen victim to a cybercriminal. But now, if you are attacked with file-encrypting ransomware, criminals will brazenly announce they’re holding your corporate data hostage until you pay a ransom in order to get it back. It might sound too simple, but it’s working: cybercriminals pocketed over $1bn from ransomware attacks during 2016 alone and a Europol report describes it as having “eclipsed” most other global cybercriminal threats in 2017.

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