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With few options, companies increasingly yield to ransomware demands

Ransomware encrypts files until a victim pays to have them unlocked, can be devastating to an organization. Law enforcement officials struggle to catch the nearly invisible perpetrators. The volume of cases is overwhelming law enforcement, a former federal cybercrime prosecutor says. The FBI and the Secret Service “in many cases are fine with in essence acquiescing to payment of the ransom,” he says. Cybercriminals are experienced at covering their tracks, which makes payments hard to trace, making arrests unlikely. The most well-documented ransomware incidents have hit the medical industry.”]

Source: https://www.csoonline.com/article/3055217/with-few-options-companies-increasingly-yield-to-ransomware-demands.html

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