Blog | G5 Cyber Security

Ransomware? Let’s Call It What It Really Is: Extortionware

Cybersecurity Ventures: Ransomware costs would be $20 billion in 2020, double 2019 estimate from 2019. Cybersecurity expert: New tactics are constantly appearing to gain access and apply pressure on victims to pay. The biggest change is that this type of attack is no longer just a demand for a ransom to decrypt data, but it’s more threatening. Data protection is the reason for changing how we treat it, and a key part of our approach to the threat is imperative. We have to change perception and the branding of the current threat.”]

Source: https://www.darkreading.com/attacks-breaches/ransomware-let-s-call-it-what-it-really-is-extortionware

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