Ransomware Attacks: Harmless Annoyances or Catastrophic Events? | Seyfarth Shaw

This post was originally published on Seyfarth’s Gadgets, Gigabytes & Goodwill blog.
Ransomware attacks have become one of the most common and pervasive cybercrimes perpetrated against US companies. A bad actor, often from overseas, will gain access to upload malware onto a company’s network storage or application platforms that encrypt all files it can access. A message or text file is usually left with instructions on how to contact the attacker to pay a ransom for the decryption key. In the worst case, a ransomware attack can freeze the business operations by effectively removing access to the company’s critical systems

