Current State of Cybercrime in 2016

The bon mot that “crime doesn’t pay” certainly predates the advent of cybercrime. Today, these digital hold-ups against businesses are highly profitable.  Let’s face it: if cybercrime was a publicly traded stock, realizing the return on investment, we’d all be on the phone with our respective broker begging for them to include it in our…

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Ransomware Rules for Payment: Do Extortionists Have the Advantage?

When an entire health system fell prey to cybercriminals and medical records were locked up by a ransomware attack in early February, there seemed no choice but to pay the sum demanded in order to avoid the impact on patient care: $17,000 in 40 Bitcoin.   And in that single moment, one hospital became the obligatory…

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