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Ransomware Attacks 2020

5 Things to Do After a Ransomware Attack

In South Africa, 42% of ransomware victims pay the ransom to restore access to their data. Yet for 19% of those, paying the ransom did not guarantee the return of stolen data. However, as public awareness of potential cyber threats grows there is the reason for optimism in the fight against ransomware. Ransomware is a type of malware which criminals use to extort money. It holds data to ransom using encryption or by locking users out of their device. According to a report from Kaspersky, whether they paid or not, only 24% of victims were able to restore all their encrypted or blocked files following an attack. 61% lost at least some files, 32% lost a significant amount, and 29% lost a small number of files. Meanwhile, 11% who did experience such an incident lost almost all their data. “Thi...

One-in-Three Ransomware Attacks Target Corporate Users

Sourced from Kaspersky On May 12, 2017, the largest ransomware epidemic in history, WannaCry, reached its peak. Three years later, this and other ransomware threats are still affecting people and companies. Recent Kaspersky research has revealed that in 2019, WannaCry kept its position at the top of the most prevalent ransomware families, while almost a third (30%) of those targeted by ransomware were corporate users. On 12 May 2020, Kaspersky and INTERPOL continue to urge organisations to think about backing up their data and adopting relevant protection so that they could avoid any potential ransomware siege and a catastrophe similar to WannaCry doesn’t happen again. Ransomware has become a big challenge for many organisations. Even though this is not the most advanced threat from a tech...