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Complete Story
02/10/2020
Data Shows 41 Pct Hike In Ransomware Attacks In 2019
PYMNTS.com
Ransomware hackers are striking more frequently, taking down computer networks across businesses, hospital and governments, the New York Times reported on Sunday (Feb. 9).
Ransomware cyber-attacks are up 41 percent over last year, with 205,280 enterprises having lost access to hacked files, according to data from the ransomware security firm Emsisoft. Companies paid an average of $84,116 in the last quarter of 2019 to get their files back from online thieves, according to data from security firm Coveware.
“Anything of value that is smart and connected can be compromised and held for ransom,” said Steve Grobman, the chief technology officer at McAfee. “If critical infrastructure systems are held for ransom, what is our policy going to be for dealing with those?”
Municipalities are the only victims who have to publicly report cyber attacks. Public sectors are only around 10 percent of all victims last year, Coveware said.
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