Unless you have been living on a remote island with no internet access, you are no doubt familiar with ransomware.
It is a simple but frightening concept -- making all of your files unavailable, and then demanding that you pay to get them back. Ransomware is definitely a growth industry, with a 30% increase in cases in Q1 of 2016 alone, according to Security Intelligence.
We should not be surprised at all by this trend, as it seems to be the nearly perfect crime. It is an easy business to start, with most of the needed tools being available inexpensively on the dark web. Their customer base, those whose files are being held hostage, is highly motivated, since their files are unusable -- and since payment is typically being made via Bitcoin, the transactions are difficult or impossible to trace.
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