News

Ransomware demands exponentially increase, averaging $1.5 Million this year

  • Efosa Udinmwen--TechRadar
  • published date: 2024-09-07 13:20:00 UTC

Normalization of ransomware payments is strongly discouraged, but those who choose to pay shouldn‘t be victim-blamed.

Ransomware operates primarily by encrypting files on the victim’s infected system, rendering them inaccessible to the user. The attacker then demands a ransom, often payable in cryptocurrencies like … [+4439 chars]