Tough fight looms against ransomware 'epidemic

Tough fight looms against ransomware 'epidemic

Straits Interactive-DPEX Network | 2021-06-10 13:30

A latest wave of ransomware attacks hitting the United States and globally portends a difficult battle against hackers, even as government and the private sector ramp up defences. Attacks hitting the Colonial Pipeline and the major JBS meatpacking operations are examples of a burgeoning cybercrime industry with the potential to inflict pain and extract profits by impacting "critical" networks, experts say. Other recent targets include local governments, hospitals, insurers, a ferry system and others in the United States and globally, with many of the attacks attributed to Russia-based hackers operating with at least tacit approval from the Kremlin.

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