Ransomware Is Growing Three Times Faster Than the Spending Meant to Stop It

ciphercue.com

18 points

adulion

2 hours ago


7 comments

alopha 36 minutes ago

The idea that the spending needs to grow linearly with the growth is a damning indictment of the mindset of the vast ineffectual mess that is the cybersecurity industry.

  • bigfatkitten 17 minutes ago

    It’s not a popularly held mindset, either within the security industry or outside of it. This piece seems to be pitched at salespeople whose only job is to extract money from other companies.

    Basic hygiene security hygiene pretty much removes ransomware as a threat.

CoastalCoder 39 minutes ago

It seems obvious to me that the only real solution is to penalize the payment of ransoms. For the same reasons on doesn't negotiate with terrorists.

Is there some reason to believe that this isn't the best approach? And if not, then any theories as to why it hasn't been enacted?

_tk_ 28 minutes ago

I think this article mostly shows that publicly announcing a successful ransoming of a company is now more popular than a couple years back.