Cyber Crime, Ransomware, Malware, Phishing, Whaling – All Have One Thing in Common… Business Disruption

Cyber Crime, Ransomware, Malware, Phishing, Whaling – All Have One Thing in Common… Business Disruption

2017 THE WORST YEAR FOR RANSOMWARE SCAMS WITH SOME EXPERTS PUTTING IT AT $4BN GLOBAL IMPACT

Cyber risk modelling firm Cyence estimates the potential costs from the hack at $4 billion, while other groups predict losses would be in the hundreds of millions. The attack is likely to make 2017 the worst year for ransomware scams, in which hackers seize control of a company’s or organisation’s computers and threaten to destroy data unless payment is made. read more