Easy to carry out, difficult to fight against: Why ransomware is booming in 2016

When it comes to tech security threats, 2016 has been the year of ransomware, with numerous high-profile organisations forced to pay ransoms in order to regain access to crucial files and systems after becoming victims of data-encrypting malware. The surge in ransomware even saw the US and Canada issue a rare joint cyber alert in an effort to warn against its dangers.

But ransomware is far from a new phenomenon — the first instance, dubbed PC Cyborg, was written in 1989 — so why is it now suddenly booming? There’s a combination of factors; one of them is simply that people are becoming more reliant on computers to store files and victims don’t want to lose that data, so are often willing to pay a ransom to get it back. [1]

[1] By for ZDNet


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