Why HR Needs to Prepare for Increase in Ransomware Demands

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​These few things are certain: Death, taxes and an increase in ransomware demands.As SHRM Online reported in early 2016, ransomware fees were expected to rise from just a few hundred dollars to tens of thousands of dollars.That time has come.Ransomware is cheap to produce and attacks—in which computers are infected with a virus that holds any files hostage until a ransom is paid—can be extremely profitable and will hound businesses with greater frequency, experts believe. In 2017, companies will need to be even more vigilant when it comes to safeguarding employee data, financial and customer information, and intellectual property.’Businesses need to tear down security and operations walls—or keep getting hacked.’In “Ransomware: How Consumers and Businesses Value Their Data,” a study released in late December 2016 by IBM, 70 percent of businesses infected with ransomware reported that they paid the ransom in order to regain access to their systems and business data. [S

Source:: Why HR Needs to Prepare for Increase in Ransomware Demands


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