Ransomware: Big paydays and little chance of getting caught means boom time for crooks

Ransomware will continue to plague organisations in 2020 because there’s little risk of the cyber criminals behind the network-encrypting malware attacks getting caught; so for them there’s only a small amount of risk, but a potentially large reward.

During the last year, there’s been many examples of ransomware attacks where victims have given into the extortion demands of the attackers, often paying hundreds of thousands of dollars in bitcoin in exchange for the safe return of their networks.

In many cases, the victims will pay the ransom because it’s seen as the quickest – and cheapest – means of restoring the network.

Read more…
Source: ZDNet