With every new year come new inventions and discoveries, new risks and areas of opportunities. As even the most private and sensitive areas of our business and personal lives become digitized, new cybersecurity and IT threats arise. IT expert Chris Albright of CMIT Solutions of Centreville considers ransomware, IoT hacking, machine learning, and insufficient IT and cybersecurity to be the largest IT threats of 2018.
Globally, ransomware attacks grew by 56 percent in 2017, with the WannaCry attack being the largest of all time. Ransomware includes any kind of cyberattack in which a business or individual is required to pay a monetary fee in order to regain full access of their computer, breached data or Cloud. There is currently no way around regaining access without paying the ransom — and no guarantee that if you pay, the breached data won’t be compromised once paid. Most ransomware attacks are automated, so it is rare that you currently or will ever be able to determine who is behind your data or computer breach. Payments are often a few hundred dollars paid via cryptocurrency which is extremely difficult to track.