{"id":34410,"date":"2020-07-08T02:39:00","date_gmt":"2020-07-08T06:39:00","guid":{"rendered":"http:\/\/blog.cybercon1.com\/?p=34410"},"modified":"2020-07-08T02:39:00","modified_gmt":"2020-07-08T06:39:00","slug":"ransomware-has-a-new-and-very-valuable-hostage-in-sight","status":"publish","type":"post","link":"https:\/\/www.cyberconservices.com\/index.php\/2020\/07\/08\/ransomware-has-a-new-and-very-valuable-hostage-in-sight\/","title":{"rendered":"Ransomware Has A New And Very Valuable Hostage In Sight"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.forbes.com\/sites\/bobzukis\/\">Bob Zukis<\/a> &#8211; Cybercriminals have figured out that fencing stolen data is a lot more work than just holding it hostage. It also doesn&#8217;t pay as well. <strong>Ransomware<\/strong> is a rapidly growing cyber threat, and attacks overall were\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/www.cisomag.com\/ransomware-attacks-rise-q1-2020\/\" target=\"_blank\">up 25% in Q1.<\/a><\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"alignleft size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.pixabay.com\/photo\/2020\/01\/07\/09\/33\/matrix-4747148__340.jpg\" alt=\"\" width=\"652\" height=\"367\"\/><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Ransomware<\/strong> continues to proliferate as an effective cybersecurity threat because it works. It gets hackers paid.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The average <strong>ransomware <\/strong>payment is up 33% from Q4 of 2019 to $111,605. But the real cost is the impact on business, such as lost revenue or employee productivity or the impact to public services. The average business downtime due to a <strong>ransomware <\/strong>attack is 15 days.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The city of Florence, Alabama, was hit on June 5<sup>th<\/sup>\u00a0with a <strong>ransomware<\/strong> attack and hackers demanded $300,000, which city officials said\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/krebsonsecurity.com\/2020\/06\/florence-ala-hit-by-ransomware-12-days-after-being-alerted-by-krebsonsecurity\/\" target=\"_blank\">they&#8217;d likely pay to keep<\/a>\u00a0their citizens information off the internet.\u00a0 <a href=\"https:\/\/www.google.com\/url?rct=j&amp;sa=t&amp;url=https:\/\/www.forbes.com\/sites\/bobzukis\/2020\/06\/18\/ransomware-has-a-new-and-very-valuable-hostage-in-sight\/&amp;ct=ga&amp;cd=CAEYASoSODMwODk1MTMxNzI0ODA5ODg5MhpmOTVkN2Q1Nzc1OTJkZTIxOmNvbTplbjpVUw&amp;usg=AFQjCNFTOe9UrB59X1PRPM5XXlZUv0UTqw\">Read On:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bob Zukis &#8211; Cybercriminals have figured out that fencing stolen data is a lot more work than just holding it hostage. It also doesn&#8217;t pay as well. Ransomware is a rapidly growing cyber threat, and attacks overall were\u00a0up 25% in Q1. Ransomware continues to proliferate as an effective cybersecurity threat because it works. It gets [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[636],"tags":[637],"class_list":["post-34410","post","type-post","status-publish","format-standard","hentry","category-ransomware","tag-ransomware"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.1.1 - aioseo.com -->\n\t<meta name=\"description\" content=\"Bob Zukis - Cybercriminals have figured out that fencing stolen data is a lot more work than just holding it hostage. It also doesn&#039;t pay as well. Ransomware is a rapidly growing cyber threat, and attacks overall were up 25% in Q1. Ransomware continues to proliferate as an effective cybersecurity threat because it works. It gets\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"Rick Backus\"\/>\n\t<link rel=\"canonical\" href=\"https:\/\/www.cyberconservices.com\/index.php\/2020\/07\/08\/ransomware-has-a-new-and-very-valuable-hostage-in-sight\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 5.0.1.1\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"Cybercon Services - Strategic Business Technology Solutions\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"Ransomware Has A New And Very Valuable Hostage In Sight - Cybercon Services\" \/>\n\t\t<meta property=\"og:description\" content=\"Bob Zukis - Cybercriminals have figured out that fencing stolen data is a lot more work than just holding it hostage. It also doesn&#039;t pay as well. 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