Those pesky Russian hackers know no (ransomware) bounds

     Let it not be said that the hackers are less than relentless.     They know companies are vulnerable and ransomware is a fairly simple means for "extracting" money from the hacker's target.The latest, as reported today in The Times, London:"Thousands of British businesses have paid ransoms to Russian hackers who are launching hundreds of attacks every day and demanding up to £100,000 to release files.Experts said that the “epidemic” of ransomware was the biggest cyberthreat facing the country, and was far more pervasive than the Wannacry attack that paralysed the IT systems of scores of NHS trusts in May.The number of attacks globally has increased twentyfold since 2015, according to Malwarebytes, a cybersecurity company. Britain was the second most targeted country after the US this year, and the worst affected per capita, accounting for 11 per cent of attacks, Sophos Labs, a web monitoring company, said. Researchers estimate that groups linked to Russia created the ransomware used in between 50 per cent and 75 per cent of attacks.

Three hundred of 1,500 UK companies surveyed by the government this year admitted to having been targeted by ransomware, and 120 said a ransom attack caused significant disruption. Research for Malwarebytes indicates that 43 per cent of companies that suffered breaches in the year to July paid the ransom, suggesting that as many as 180,000 businesses may have done so. Other surveys indicate that businesses in Britain are more willing to pay ransoms than those elsewhere.Blue-chip companies including WPP and Reckitt Benckiser have been among the victims of ransomware, losing millions of pounds each. Some banks in the City of London are understood to have stockpiled bitcoins to pay off attackers quickly."

There can be no doubting that at least one way of ensuring one's private details are kept away from prying eyes is to use LifeBank.     One encrypted LifeBank datakey does the trick!