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'Ransomware Has Very Quickly Become The Most Successful And Common Form Of Cyber Crime'
Resume"Ransomware has very quickly become the most successful and common form of cyber crime," according to Israel Barak, chief information security officer at Cybereason, a Boston-based cyber security firm. The FBI estimated that ransomware payments hit $1 billion in the U.S. in 2016, and that figure only counts the attacks that were reported so the actual cost is likely to be much higher.
The Leominster Public School system is the latest local victim and school officials made the decision to pay $10,000 in bitcoin to their attacker.
Guest
Israel Barak, chief information security officer at Cybereason. He tweets @israel_barak.
This segment aired on May 1, 2018.