Cybercrooks using ransomware as a big-bucks business model, expert says

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Ransomware variants are on the rise globally.

A B.C. cyber detective says cybercrooks are constantly updating their playbooks to stay ahead of government and business organizations as their enterprises become more enmeshed with organized crime.

It’s all part of the booming cybercrime ecosystem generating a trillion dollars a year, Fortinet said. Manky said such criminals work persistently to outwit the defences of government, business and individuals.

 

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