News that people are willing to pay to undo the effects of a ransomware attack is a worrying trend. There is no guarantee that the ransomware will be removed once a payment has been made and for the criminals, this will encourage further ransomware attacks. Is there a solution to this fast growing cyber crime?
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IBM security researchers found that when cybercriminals seize valuable information using ransomware, if the price is right, victims will pay. The firm's “Ransomware: How Consumers and Businesses Value Their Data” study surveyed 600 business leaders and more than 1,000 consumers in the U.S. to determine the value each placed on different types of data.
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