OK, panic—newly evolved ransomware is bad news for everyone

  • 8 April 2016
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Crypto-ransomware has turned every network intrusion into a potential payday.

by Sean Gallagher - Apr 8, 2016
 
                                               http://cdn.arstechnica.net/wp-content/uploads/2016/04/ransom-note700.jpg
 
There's something inherently world-changing about the latest round of crypto-ransomware that has been hitting a wide range of organizations over the past few months. While most of the reported incidents of data being held hostage have purportedly involved a careless click by an individual on an e-mail attachment, an emerging class of criminals with slightly greater skill has turned ransomware into a sure way to cash in on just about any network intrusion.
 
And that means that there's now a financial incentive for going after just about anything. While the payoff of going after businesses' networks used to depend on the long play—working deep into the network, finding and packaging data, smuggling it back out—ransomware attacks don’t require that level of sophistication today. It's now much easier to convert hacks into cash.
 
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Userlevel 7
Its ALL about the dollar and that is all that matters to these criminals they will do whatever it takes to make a buck.
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As long as these Ransomeware hackers are getting paid I don't see it stopping!
Userlevel 7
Still looks like the pundits predictions at the close of 2015 where correct and this is the year that ransomware switches from targetingthe poor indiviual to hit the corporate & commercial networks. 

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