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Inside the thriving ransomware market

Steve Ragan | Oct. 23, 2017
Criminal marketplaces are teeming with ransomware offers and ad placements. Some criminals participating in this booming economy stand to pull down upwards of $100,000 annually

The key to this is to stop making payments. That is one of the biggest keys to the ransomware market, and those operating campaigns focus their efforts on geographic locations and organization types that are likely to pay.

Earlier this month, Salted Hash highlighted one administrator who overcame the problem of ransomware simply by having properly tested and managed backups. "As an industry, we are often getting the fundamentals of security wrong. In too many instances, we are failing to do the basic blocking and tackling of security such as backing up files and systems, testing restorations, patching, having adequate, enterprise-wide visibility, and [updating] outdated prevention measures, such as legacy antivirus," wrote Carbon Black's Rick McElroy, one of the report's authors.

 

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