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Why ransomware cyberattacks are on the rise

ABC News Turn on desktop notifications for breaking stories about interest? OffOn A recent spate of ransomware attacks has left the nation reeling. • 14 min read ‘Offense is outpacing defense’ on hacking threats, expert says Silverado Policy Accelerator Chairman Dmitri Alperovitch discusses the role of the U.S. government and private companies in defending against ransomware attacks.Photo Illustration/Reuters What often begins as an employee clicking a seemingly innocuous link in their email can result in a crisis that brings multibillion dollar businesses to their knees, stokes geopolitical tensions and has ripple effects throughout the global economy. A recent spate of ransomware attacks has crippled critical American infrastructure, disrupted major food supply chains and revealed that no firm big or small is safe from these insidious cyberattacks.

Cox Media is the Latest Victim of Ransomware Attack, Several Company-Owned TV and Radio Stations Taken Off-Air

Cox Media's websites were not affected. However, the live streams were shut down, and employees were asked to sign out of their tools to prevent any more data from spreading.

As ransomware attacks cripple US infrastructure, a look at why they re on the rise

Ransomware Netted Criminals $350M In 2020 Alone

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