Ransomware is a Booming Industry That Continues to Evolve

The ransomware marketplace has grown by a phenomenal 2,502% from 2016 to 2017. This is the amount of money spent by criminals on ransomware software. It is a market fueled by the technical simplicity of the malware, the rise of Ransomware-as-a-Service, the guaranteed return on investment for criminals, the availability of Tor and crypto currencies to hide tracks; and a lack of fundamental security controls among victims.

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