50% of Companies Face Cyber-Attacks Motivated by Ransom
The percentage of companies reporting financially motivated cyber-attacks has doubled over the past two years, with 50% of surveyed companies experiencing a cyber-attack motivated by ransom in the past year.
According to a new Radware report, as the value of bitcoin and other cryptocurrencies – often the preferred form of payment among hackers – has appreciated, ransom attacks provide an opportunity for hackers to cash out for lucrative gains months later.