Ransomware Attacks & Cryptocurrencies a Match Made in Heaven

February 6th, 2018

The Rise in Ransomware
Ransomware is a type of malicious software designed to block access to a computer system until a sum of money is paid.

Ransomware attacks have been on the rise and all signs point to it not slowing down anytime soon. According to Radware’s Global Application and Network Security Report, the number of companies that fell victim of ransomware and paid the ransom, increased by 40% from 2016. In 2018, executives don’t expect this to go away with 26% believing it will be the biggest threat to their business.