In Q4 of 2015, Hewlett-Packard released research showing cybercrime costs U.S. firms an average of $15 million each year – double the global average. That figure is an increase of 19%, and digital criminal activity is only expected to grow. With the “Internet of Things” on the horizon, millions of new IP-enabled devices will soon be online, each one representing a potential target.
One of the most insidious developments in cybercrime over the last 18 months is the global emergence of a potent new kind of malware: Ransomware. These powerful Trojans leave both consumers and businesses at their mercy, locking access to critical files and then extorting large cash payments to restore them.
Whether you have a team of five or a global enterprise of 50,000, it’s crucial to be aware of this emerging threat. Let’s look at some of the most common questions and their answers: