Ransomware demands exponentially increase, averaging $1.5 Million this year
Ransomware demands exponentially increase, averaging $1.5 Million this year ‘Big Game Hunting’ strategy drives surge in ransomware activities When you purchase through links on our site, we may earn an affiliate commission.Here’s how it works. Ransomwareoperates primarily by encrypting files on the victim’s infected system, rendering them inaccessible to the user. The attacker then demands a ransom, often payable in cryptocurrencies like Bitcoin. A recent survey from Zscaler [PDF] shows that there has been a huge surge in ransomware activities and this year is projected to be a record year for ransom payments....