Ransomware, the immediate threat

Ransomware was big news last year, and it’s an ever-present threat. The NHS’s network was compromised by the WannaCry virus, which ended up costing it £180,000 in emergency measures – probably the most high-profile example.

But every day behind the scenes, smaller organisations are at the mercy of cyber-criminals who extort their victims by encrypting vital files then demanding a ransom. Losses in 2016 totalled $1billion, with seven in ten businesses expecting to be targeted by ransomware within the next year.