Ransomware explained: No silver bullet, out-of-reach crooks

Ransomware explained: No silver bullet, out-of-reach crooks

3 years ago
Anonymous $OlGJJXacOb

https://apnews.com/288c8979c10b648ba72a4b0fc34b02ac

BOSTON (AP) — Political hand-wringing in Washington over Russia’s hacking of federal agencies and interference in U.S. politics has mostly overshadowed a worsening digital scourge with a far broader wallop: crippling and dispiriting extortionary ransomware attacks by cybercriminal mafias that mostly operate in foreign safe havens out of the reach of Western law enforcement.

Stricken in the United States alone last year were more than 100 federal, state and municipal agencies, upwards of 500 health care centers, 1,680 educational institutions and untold thousands of businesses, according to the cybersecurity firm Emsisoft. Dollar losses are in the tens of billions. Accurate numbers are elusive. Many victims shun reporting, fearing the reputational blight.