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May 22, 2021 Share
The recent cyberattack on Colonial Pipeline, the operator of the largest petroleum pipeline in the U.S., shows how internet criminals are increasingly targeting companies and organizations for ransom in what officials and experts term a growing national security threat.
These hackers penetrate victims’ computer systems with a form of malware that encrypts the files, then they demand payments to release the data. In 2013, a ransomware attack typically targeted a person’s desktop or laptop, with users paying $100 to $150 in ransom to regain access to their files, according to Michael Daniel, president and CEO of Cyber Threat Alliance.
Ransomware Moves from Economic Nuisance to National Security Threat
Voice of America
22 May 2021, 18:05 GMT+10
WASHINGTON - The recent cyberattack on Colonial Pipeline, the operator of the largest petroleum pipeline in the U.S., shows how internet criminals are increasingly targeting companies and organizations for ransom in what officials and experts term a growing national security threat.
These hackers penetrate victims computer systems with a form of malware that encrypts the files, then they demand payments to release the data. In 2013, a ransomware attack typically targeted a person s desktop or laptop, with users paying $100 to $150 in ransom to regain access to their files, according to Michael Daniel, president and CEO of Cyber Threat Alliance.