Just like COVID-19, the ransomware pandemic continues to be a major threat to society, with no guaranteed cure in sight. It is a threat that world leaders are taking serious notice of. The British and American governments have set up the Ransomware Taskforce (RTF) to advise businesses on how to be better able to manage this national security crisis.
With ransom paid by victims soaring by 311% to $350 million, in recent years ransomware has grown from a relatively unknown nuisance to a multibillion-dollar industry. But despite industry and government warnings, many businesses are ill prepared to deal with the ransomware threat.
How has ransomware become so efficient and deadly?
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