In just the past few years, ransomware has evolved from a novelty to the most feared malware of the digital era. Amateur hackers have amassed fortunes thanks to this prolific crypto-viral extortion scheme, but things are beginning to change. Advanced criminals with increasingly sophisticated attack avenues and obfuscation techniques are putting the original small crooks to shame.
Today’s bad guys not only manage to evade corporate defenses, they are also insatiable in their ransom demands. Ransomware drains billions from the global economy each year and shows no signs of slowing down. However, the highest cost of a ransomware attack is no longer the ransom itself.