What We Learned About Cybersecurity In 2016
Submitted by Sarah Kuranda on
Ransomware Is A Real Problem
Many solution providers and vendors accurately predicted that 2016 would see a continued rise in ransomware attacks. Several high-profile ransomware attacks, most notably an attack on a California hospital in February that left it unable to care for its patients. Also, there was an attack on the San Francisco Municipal Transportation Agency (SFMTA) network that forced the agency to allow passengers to travel for free. In the first quarter alone, there was $209 million paid to ransomware attackers, according to FBI data, putting the full year 2016 on pace for $1 billion in known ransomware payments.