Ransomware payments: Funding the business of cybercrime

If you were considering becoming a cybercriminal or were perhaps a traditional villain looking to upgrade your skills for the 21st century, I’m sure your business model of choice would be running a ransomware operation. You would, thanks to the simplicity of platforms like Ransomware as a Service and the willingness of victims to pay ransomware fees, be running a very successful business — albeit an illegal business — in a matter of days or weeks. Such is the ongoing success of ransomware as a means of extorting money from victims.

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5 Top ransomware exploits that you should know

Today’s highway robber is a lot more sophisticated and savvy. They take far less risk and turn to the latest technology to extort you out of your money by threatening your valuables. In this case your data, your technology and most probably your computing ability.

Of course, I’m talking now about ransomware, the threat that’s been in the news almost every day for the past couple of months. The tool of choice for the modern highway robber has become headline news around the world with variants such as WannaCry and the more recent Popcorn Time. Organizations around the world have been affected by this ransomware, from the UK National Health Service, through to the Russian Postal Service in the last few ... Read more