Digital Extortion: A Forward-looking View

In 2017, we saw digital extortion increasingly become cybercriminals’ first and foremost money-making modus operandi. It’s mostly due to ransomware — cybercriminals’ currently most popular weapon of choice, helping them in extorting cash from users all over the world and in hitting big businesses and organizations.

By infecting business-critical systems through their shotgun-style ransomware attacks and thus crippling enterprise day-to-day operations, cybercriminals managed to force big companies to bend to their will.

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Source: Trend Micro