Believe the hype, but control the threat: Reducing the risk of ransomware

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Ransomware is becoming an epidemic for any collection or repository of data. Each day the attacks seem to be getting larger and more lucrative for cybercriminals. According to Europol’s annual report, the Internet Organised Crime Threat Assessment (IOCTA), file-encrypting malware attacks could become far more destructive as cybercriminals change their tactics.

The IOCTA lists ransomware as one of the most widespread and financially damaging cyberattack strategies. What makes these attacks particularly frightening is that , they are no longer just about financial gain; increasingly, they are about causing chaos.

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