Hacked: Hacking Finance


61% were compromised by ransomware in 2016. Here’s how to stay safe

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61% were compromised by ransomware in 2016. Here’s how to stay safe


This article was posted on Monday, 20:54, UTC.

According to the CyberEdge Group’s 2017 Cyberthreat Defense Report, a whopping 61% of organizations was compromised by a ransomware attack in 2016. Of those infected, over one-third of companies decided to pay extortionists to regain access to their data. Refusal was risky: even though 54% of those who refused to pay regained access to their data, 13% lost everything. File-encrypting malware is now as popular as ever, as it is also as profitable as ever. Recorded Future, a threat intelligence company, has recently stated ransom payments reached $1 billion last year. CyberEdge’s report specifies that the number of organizations falling…

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Francisco Memoria

Francisco Memoria

Cryptocurrency enthusiast, writing about financial freedom and the future of money

There is no secret that one of the most sound…