Attraction of Repulsion (to Ransomware)

State of Cybercrime

English - September 22, 2016 13:00 - 29 minutes - 13.5 MB - ★★★★★ - 48 ratings
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When it comes to ransomware, we can’t stop talking about it. There’s a wonderful phrase for our syndrome, “the attraction of repulsion,” meaning that something is so awful you can’t stop watching and/or talking about it.

How awful has ransomware been? According to the FBI, in the first three months of 2016, ransomware attacks cost their victims a total of $209 million. And it doesn’t stop there. It’s impacted many businesses including financial firms, government organizations, healthcare providers, and more.

In this episode of the Inside Out Security Show(IOSS), we cover three types of ransomware: CryLocker(impersonates the US government), FairWare(targets Linux users), and yes, fake ransomware.

While some might disagree on whether or not to pay the ransom, we can all agree that ransomware is the canary in the coal mine.

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