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IDG Contributor Network: A history of ransomware

Discussion in 'CSO' started by RSS, Mar 14, 2016.

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    RSS New Member Member

    A recent study titled, "Battling the Big Hack" by Spiceworks found that 80 percent of organizations experienced an IT security incident in 2015, with 53 percent of respondents having a concern for ransomware in 2016. But how did we get here? And how can we avoid these growing attacks in the coming year and beyond?

    Dodi Glenn, vice president of cyber security at PC Pitstop says, “In general, all ransomware pretty much works the same in that it tries to extort money from a user, but each variation of it does something slightly different.”

    MORE ON CSO:Data breach numbers still high in 2015

    In 1986, two Pakistani brothers, Basit and Amjad Farooq Alvi wrote software and included a special “ransom” message, instructing users to call them if they see the warning. Their goal in creating this virus named "Brain" was to identify piracy. The intent, said Glenn, "was to protect their assets."

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