9Enterprise Threats of Today and Cybercriminals

DOI: 10.4324/9781003052616-11

The dark web, once the virtual province of small-time hackers, has matured into a full-blown e-commerce hub for the exchange of illicitly obtained data, malicious code and cyber mercenary services.

Richard Davis, Director Compliance and Risk Management at Merck

Ransomware

Cybercrime is the new mafia. Ransomware is a form of malware that a cybercriminal uses to hold a firm's computer systems hostage until a “ransom” is paid. Either the firm pays the ransom, or the organization has to restore all of their computer systems. The firm has to have a high level of confidence in their disaster recovery program to entertain not paying.

Ransomware often infiltrates a computer ...

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