Ransomware is more efficient than ever, and baddies are still after your info

Ransom being paid in exchange for the login credentials to a locked system.

Ransomware has been a threat to businesses since the 1980s. However, over the last few years, ransomware attacks have become a part of everyday threats – in 2021, the number of ransomware attacks worldwide peaked by 105% compared to the previous year. And things are looking even bleaker in 2023.

Major cybersecurity firms like the US Cybersecurity and Infrastructure Security Agency and the UK’s National Cyber Security Centre have already sent warnings about the threat.