Ransomware - Will That Click Cost You Thousands?
Ransomware has undeniably been one of the biggest security threats in recent years globally. Even more so recently in The Bahamas. Hackers have targeted everything, including home PCs – and they were astoundingly successful – earning themselves upwards of $900million from US reported incidents alone. Business is booming for hackers, with thousands of attacks each day bringing in an average of $640 per target. Perhaps even more alarmingly, the financial cost of each individual attack is on the rise – the more ransomware proves to be an easy earner for them, the more they demand each time.
Ransomware Exposed: What it is and How it Works
Ransomware has become an undeniable threat to business growth, profitability and security. It’s a ruthless type of malware that locks your keyboard or computer to prevent you from accessing your data until you pay the ransom, which is usually demanded in untraceable Bitcoin. Cyber criminals are turning this type of attack into big business, raking in billions each year as many businesses have no choice but to pay up