Ways to prevent ransomware attacks: how to avoid becoming a victim ~ Hacking Techniques

Wednesday, July 7, 2021

Ways to prevent ransomware attacks: how to avoid becoming a victim

9:12 AM FireSaleHackBoy No comments

This article was written by an independent guest author.
The reason why ransomware is more rampant today is simple: it’s lucrative for hackers. As high-profile examples
of ransomware continue to skyrocket concerning the amount of ransom paid, hackers will only continue to pursue it as
a strategy.
How the incentives are changing for hackers
As the degree of sophistication with which attackers use to victimize businesses rises, so does the price of the
average ransom. In a relatively short period, ransomware has transformed from a minor cybersecurity issue to a
multi-billion-dollar industry.
According to a 2021 Emsisoft report, 2020 was a profitable
year for hackers: the average ransom demand ballooned by over 80 percent. Worldwide, at least $18 billion was paid
in ransoms, which doesn’t factor in the costs associated with downtime for both public and private sectors. In
the United States alone, almost 16,000 businesses were victimized by ransomware,…