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Ransomware Is Now the Biggest Online Menace You Need to Worry about; Here’s Why

Ransomware attacks have become more commonplace than payment card theft incidents for the first time, as cyber criminals alter how they go about their malicious operations in an effort to gain the biggest financial reward for the least amount of effort.

Analysis of more than a trillion security events over the past year and hundreds of breach investigations by researchers at cybersecurity company Trustwave found that ransomware attacks have become the most common security incident.

Almost one in five – 18% – of incidents throughout 2019 involved ransomware attacks, where organizations found part or all of their environment compromised by network encrypting malware – and then faced a financial demand from hackers to regain access to the data…  ZDNet

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