RISE IN TARGETED RANSOMWARE ATTACKS

Rise in ransomware attacks, particularly targeted ransomware attacks: a larger pool of potential “attacked” facilitates hackers' work and enables them to select the most cost-effective victims. In addition, cybercurrency greatly facilitate the anonymous transactions the attackers need, and the dark web a platform to help coordinate. Attackers usually hold the files of their victim’s hostage or threaten publish the victim's data until they pay a specific amount. Industries often rely on specific software that attackers can target to focus on specific victims. It is estimated that in 2021 there was a ransomware attack every 11 seconds, and their damages amount to $20 billion.

This idea originated from the following Sustainable Innovation case:
FUTURE RESEARCH TRENDS IN ARTIFICIAL INTELLIGENCE IN CYBERSECURITY