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Ransomware: The number of victims paying up is on the rise, and that’s bad news

Posted on December 21, 2019 by Dissent

Danny Palmer reports:

The number of organisations that are giving into the extortion demands of cyber criminals after falling victim to ransomware attacks has more than doubled this year.

A rise in the number of ransomware attacks in the past year has contributed to to the increased number of organisations opting to pay a ransom for the safe return of networks locked down by file-encrypting malware.

That’s according to figures in the newly released 2019 CrowdStrike Global; Security Attitude Survey, which said the total number of organisations around the world that pay the ransom after falling victim to a supply-chain attack has more than doubled from 14% of victims to 39% of those affected.

Read more on ZDNet.


Related:

  • #StopRansomware: Interlock
  • Two more entities have folded after ransomware attacks
  • British institutions to be banned from paying ransoms to Russian hackers
  • Authorities released free decryptor for Phobos and 8base ransomware
  • Armenian National Extradited to the United States Faces Federal Charges for Ransomware Extortion Conspiracy
  • Police disrupt “Diskstation” ransomware gang attacking NAS devices
Category: Malware

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