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RANSOMWARE
The global threat of ransomware remains at peak levels , with half of the organisations across all sizes , regions and industries telling Fortinet that they fell victim to an attack of this kind in the last year .
Involving malicious software that encrypts a victim ’ s files or locks out users from their systems until a ransom is paid , ransomware attacks can have devastating consequences for businesses , such as disrupting operations , damaging reputation , exposing sensitive information , and incurring legal liabilities .
Ransomware has only become more sophisticated and more widely available over time . In fact , cybercriminals can now subscribe to “ Ransomware-as-a-Service ” providers , which allow users to deploy pre-developed ransomware tools to execute attacks in exchange for a percentage of all successful ransom payments . cybermagazine . com 35