Security News > 2020 > October > Why ransomware has become such a huge problem for businesses
That's because many victimized organizations don't report a ransomware attack for fear of losing money, business, or private data.
In a document on "How to Protect Your Networks from Ransomware," the US Department of Justice reported that more than 4,000 ransomware attacks have occurred each day since Jan. 1, 2016.
SEE: How to defend your organization against the surge in ransomware attacks.
Further, ransomware goes far beyond just a few sophisticated criminal groups who level attacks at large organizations, according to Daniel Norman, senior solutions analyst at the Information Security Forum.
Ransomware affiliates help ransomware operators expand their capabilities.