Ransomware Attacks: Should we be worried?
Cyber Security is big business. In fact, it's estimated to be worth $160 billion. But that's likely to be peanuts compared to the value of cyber crime, which is estimated to cost the global economy $600 billion in 2022 - nearly 1% of the global economy. And just one corner of that - ransomware - costs the same in damage and paid-out fees as the entire cyber security industry: $160 billion. In fact, if ransomware was a country, its GDP would be higher than Morocco or Kuwait. In this episode, we'll be examining the rise of ransomware, where the risk lies in modern-day attacks, who is behind them, and what we can do about it.