Verizon’s 2020 Data Breach Investigation Report indicates that 86% of data breaches are financially motivated. Ransomware is still the most popular way to profit, yet cryptojacking has the potential to become the usual alternative. “When organizations have their data compromised by hackers, they face a dilemma: save the data or secure the machine by removing malware, or pay the ransom with the risk of losing both files and money,” says Juta Gurinaviciute, the CTO at NordVPN Teams. “For cybercriminals this is also a gamble, whether the victim will pay or sacrifice the data—or will restore it from the backup. With…
Crypto
Just the other day I wrote about bitcoins and why I didn’t invest in them. Bitcoin’s volatility this year has left many concerned as they begin to question its future. The dynamics of the cryptocurrency, that provide anonymity and decentralization have been exploited for illicit activities prompting action from governments all over the world to control it. Bitcoin’s speculative market shuddered as government regulation and fake news took effect. Exaggerated and misinterpreted news stories have contributed to the recent dramatic fall in Bitcoin’s price. While it was inevitable that governments would have to crack down on Bitcoin, as it evades…
