Title

Ransomware Is Everywhere, So Protect All of Your Electronic Devices”, InCyberDefense

Document Type

Magazine

Publication Date

3-23-2017

Publication Title

In Cyber Defense

Abstract

A ransomware attack can affect a system as large as a hospital, which might pay as much as $17,000 to unlock the system. It can also affect a single computer whose owner gets a bill for $50. Even police stations have been among ransomware’s victims. The ransomware attackers normally set a ransom price that is cheaper and easier than hiring computer security experts to fight the ransomware. The cost benefit analysis for businesses often relies on paying the ransom promptly and getting back into operation. Time is money, and cyber hostile actors understand this principle. It is no wonder that most targets have chosen to pay a ransom to regain control of their systems.

Language

eng


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