Posted on Wednesday, August 10, 2016
Ransomware is costing commercial business billions of pounds worldwide every year. In the United States alone, from those that report paying the ransoms, totals are expected to hit £763,000,000 (US$1.06 billion) this year. Those that seek out other solutions to get their information back still have the cost of their data being inaccessible for days; and that’s not to mention those that are completely wiped out because they couldn’t afford to pay the fees demanded. The cost is skyrocketing. These cybercriminals are not meeting enough resistance to dissuade them from attempting to blackmail small businesses everywhere.