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The Ransomware Business Model

Ransomware has continued to make waves; it declared a billion-dollar industry by the FBI in 2017

hacker using laptop to steal identity

hacker using laptop to steal identity

How many time have you clicked the “Remind Me Later” button when an update popped up on your computer?

I know, me too, but that is why stealing data is not that difficult, however turning it into a profitable business is not easy. Well, up until the rise of the ransomware model which has been devastating the IT industry this year.

Ransomware becomes a billion-dollar business this year, and it's not going away anytime soon, so please do yourself a favor backup[ and update your computer now.

Written by Staff

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