Ransomware... pay up!

by X -CIO
Sept. 1, 2017 1 comment TechGenix Pen Testing & Audits ransomware

Whether it’s a DDoS or a malware attack, hackers have been exploiting companies far and wide, making it pretty obvious that ransomware is the new black. Just this month, the University of Calgary had to cave to a $20,000 ransom demand*, paid in bitcoins, to attackers who have encrypted their systems through a malicious software strain that got into the school’s network. Since the school’s own IT administrators were unable to decrypt the files, they had no choice but to pay up.


2flash 7 months, 4 weeks ago

I would say that it is TOO popular. Maybe we should 'promote' it less, as otherwise we just encourage people to keep doing it