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The Growing Ransomware Economy and How To Defend Against It

Last year, Ransomware payments reached a billion dollars – an increase of over 4,000% from the previous year. We learned in Carbon Black’s recent report on the ransomware economy that those staggering numbers may only represent the tip of the iceberg.  Continue reading

Do You Have Contingency Plans for Ransom-Based Hacking?

As IoT installations expand, so too do opportunities for unscrupulous actors to breach the systems of any company that relies on frequently updated data and requires a high level of reliable uptime. While motives for hacking are varied, one increasingly worrisome trend is a form of cyber espionage known as ransomware. Ransomware is a form of hacking that uses software to lock operators out of their computers or otherwise obscure data until a ransom has been paid – generally in cryptocurrency such as Bitcoin. Continue reading