Skip to content
The Cyber Security Place

Software

Highly lucrative Ransomware as a Service attacks poised to accelerate in 2017 - Help Net Security

Reported by helpnetsecurity.com

Ransomware can be likened to global warming. It’s been around for years, but it’s now becoming an epidemic which needs serious attention.According to a recent survey conducted by Osterman Research, nearly 50% of U.S. companies experienced a “ransomware incident” over the last year. Without taking into account the number of unreported ransomware incidents, the FBI estimated $209m was paid to ransomware criminals in Q1 2016. This would bring the total cost of ransomware to well over $1bn for the year in the U.S. alone.

Read the full article at helpnetsecurity.com