Ransomware attacks are up 148% amid COVID-19, as cybercriminals take advantage of the new work-from-home world and target vulnerable industries and populations.
Ransomware penetrates an organization’s IT infrastructure through phishing emails or endpoint vulnerabilities and then encrypts files, holding data hostage until a fee is paid to decrypt them. The FBI has deemed ransomware the fastest growing malware threat, causing significant revenue loss, business downtime and reputational damage.