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Ransomware to hit $1B in 2016

While there are many types of malware, including viruses, worms, Trojans, Spyware, Adware, and others, ransomware has gained the most notoriety over the last few years in part due to the popularity of crypto currency such as Bitcoin, as well its brazen ability to grind productivity to a complete halt. Simply put, ransomware is a considerable revenue generator. For example, CryptoWall v3 reported $325 million in global profit alone. Furthermore, the FBI claims that in just the first three months of 2016 ransomware cost victims in the United States...

By Damien LimSeptember 27, 2016