Security News > 2020 > October > Why ransomware has become such a huge problem for businesses

Why ransomware has become such a huge problem for businesses
2020-10-19 18:53

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.


News URL

https://www.techrepublic.com/article/why-ransomware-has-become-such-a-huge-problem-for-businesses/#ftag=RSS56d97e7