Ransomware explained: No silver bullet, crooks out of reach


Washington Metropolitan Police Department chief Robert Contee speaks during a news conference in Washington. Ransomware gangsters have become more brazen and cocky as they put more and more lives and livelihoods at risk. This week, one syndicate threatened to make available to local criminal gangs data they say they stole from the Washington, D.C., metro police on informants. — AP

BOSTON: Political hand-wringing in Washington over Russia’s hacking of federal agencies and interference in US 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.

Unlock 30% Savings on Ad-Free Access Now!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Ransomware

Others Also Read


Want to listen to full audio?

Unlock unlimited access to enjoy personalise features on the TheStar.com.my

Already a member? Log In