Ransomware attacks are evolving — here’s how to protect yourself - The Fact Factory

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Monday, 6 September 2021

Ransomware attacks are evolving — here’s how to protect yourself


A digital epidemic is sweeping across the world at a record pace. Its name? Ransomware.  This year alone hackers cut off heating to homes across the US East Coast after hacking an oil pipeline, ending in a $4.4M ransom payment. Another group attempted to poison water systems in Florida. From smart factories to self-driving cars, we’re becoming more vulnerable than ever to security breaches as companies move towards AI and the cloud. Cybersecurity experts predict that ransomware costs will reach $20B by the end of the year and balloon to $265B by 2031. As these cyberattacks become more frequent, businesses,…

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