Beware: Ransomware Is Shaping Up To Be Worse in 2021

By all reports, organizations around the world are seeing more ransomware than ever. Additionally, it has become more scary and sophisticated, as extortion now acts as a backup in case the ransom isn’t paid.

By all reports, organizations around the world are seeing more ransomware than ever. Additionally, it has become more scary and sophisticated, as extortion now acts as a backup in case the ransom isn’t paid. Once they have the proper access internally, they are often able to pipe out some of the data before encrypting, thereby giving them a backup should the organization choose not to pay.

Both the private and public sectors are being hit, as most environments are being found to be vulnerable. It really is a perfect storm and one in which the bad actors and ransomware gangs are able to enrich themselves repeatedly. 2021 is likely to set ransomware records and candidly, there is no end in sight.