The high-water line in information security gets higher each year. Just as we think we’ve finally figured out how to defend against attacks, then attackers come up with something new and we are right back to trying to figure out what to do next.
For example, ransomware has surged in the last year. Although that kind of malware has been around for years, the current model of encrypting user files to hold data hostage came about just recently. Infections quadrupled in 2016, with the FBI estimating an average of 4,000 attacks a day. A recent IBM survey of 600 business leaders in the United States found that one in two had experienced a ransomware attack in the workplace, and that companies paid the ransom 70 percent of the time. As a result, criminals are on track to make nearly $1 billion this year from ransomware, IBM X-Force said.
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