The advent of ransomware, perhaps the most lucrative method of cybercrime, marks a significant shift in the way cybercriminals monetize their victims’ data. With ransomware, attackers no longer need to focus on data that they can easily resell. Instead, they exploit the value that the data represents to their victims. Even if the data is not particularly sensitive, it may be urgently necessary for operational processes. By “capturing” the data and demanding a ransom for its release, attackers can even monetize data they would otherwise probably have had no use for.
Because of this paradigm shift, many companies that previously thought they were too small to be a viable target for cyberattacks are now being targeted by cybercriminals
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