A new report from Trend Micro has revealed that the use of ransomware by cyber attackers increased by 752 percent in 2016. In the last year alone, the security software company estimates that Locky, Goldeneye and other malware designed to extort a ransom from its victims earned attackers $1 billion. Although ransomware did the most damage to businesses and individuals in 2016, the threat of falling victim to this type of malicious code was maintained by the recent WannaCry attacks and by the Eternal Rocks worm that has no kill switch and continues to infect users. For those unfamiliar with… [Continue Reading]
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