Sophos: Crypto Involved in 79% of Ransomware Attacks. Ransomware is becoming a huge problem.
03 Dec 2021, 08:00
Sophos: Crypto Involved in 79% of Ransomware Attacks
Ransomware is becoming a huge problem. In fact, according to a detailed report published by cybersecurity firm Sophos, cryptocurrency was involved in approximately 79 percent of the world’s ransomware incidents over the past 18 months. At the top of the list were the Conti and REvil ransomware attacks.
Ransomware Is Changing for the WorseSophos also believes that so long as cryptocurrency exists, it will likely be at the center of several other attacks in the future.
Ransomware is a process in which a hacker or group of hackers overtakes the computer network of a company or enterprise. They encrypt the data within that network to ensure nobody can gain access to it. They hold the data hostage and ask that a ransom be paid if they wish to get their information back.