Retailers: Beware of Ransomware

Retailing: From A to Z

The term “ransom” has been around for hundreds of years and is best described as a way to redeem someone from captivity, bondage, detention, etc., by paying a demanded price.
Today, we have another destructive variation of the word ransom — that is “ransomware.” What is it and what can we do about it?
TechRepublic recently producedRansomware: The Smart Person’s Guide,written by James Sanders. This is an executive summary quoted from the guide:
  • What is it? Ransomware is malware. The hackers demand payment, often via Bitcoin or prepaid credit card, from victims in order to regain access to an infected device and the data stored on it.
  • Why does it matter? Because of the ease of deploying ransomware, criminal organizations are increasingly relying on such attacks to generate profits.
  • Who does this affect? While home users have traditionally been the targets, healthcare and the public sector…

View original post 109 more words

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.