It is like the plot of a James Bond movie: Hackers take regulate of a international organization’s computer system programs and threaten to demolish its information, steal its intellectual property, and drain its bank accounts unless a hefty ransom is deposited into an untraceable offshore bank account by the conclude of the day.
Besides rather of Agent 007 suavely tracking down the nameless would-be robbers and saving the corporation from damage, its leaders give in — and spend the ransom.
To a tiny-discovered but alarming degree, so-identified as “ransomware” assaults on governments, companies, and other entities jumped past yr. In all, they rose forty one% from 2018 to 2019 to more than 205,000 globally, according to recently revealed info.
Every single corporation is vulnerable, irrespective of size, geography, or industry. While not all companies spend, the safety firm Coveware estimates the regular payout for those people that did was about