Posts Tagged ‘Ransomware’

Cybersecurity firms predict that cyberattacks will cost the world $10.5 trillion annually by 2025. These attacks can severely disrupt businesses in an instant, posing not only financial risks for companies but also endangering customer data that can be exploited for financial scams and online extortion. Experts urge companies in industries at risk for cyberattacks—like healthcare, finance, and retail—to implement robust security measures to avoid potential financial ruin.

Cyberattacks on retailers have doubled over the past three years. Cybersecurity experts predict that criminals will [...]

These days encryptors are very popular and have many varieties. The hackers’ appetites are growing and more advanced counterparts are coming to replace the extortionist WannaCry. The young Ryuk hybrid virus is a trend of 2019.

Malware that encrypts files and requires redemption for decryption is very popular now. The authors of malware are very resourceful and technologically savvy, and ransomware services are widely developing.

Ransomware attacks are becoming bigger, more frequent – and more frighteningly inventive.