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Big Business Ransomware: A Lucrative Market in the Underground Economy

Big Business Ransomware: A Lucrative Market in the Underground Economy

July 5, 2016

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Ransomware has hit full stride in 2016. We’re only halfway into the year and we have already experienced a surge of attacks affecting industries from healthcare to critical infrastructure. But ransomware is a threat that’s been around for a while, so why the sudden uptick of attacks?

It’s not that the level of technical sophistication has changed, but because the business model behind ransomware has evolved. Hackers are still using the same old tactics to scare victims into paying to unfreeze their personal files, the difference now is that they’re also expanding into the corporate world.

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