Ransomware Digital Extortion

Contributed by Tregenza M Henry

Just last week Methodist Hospital in Henderson Kentucky was hit with Ransomware, they are latest in a string of different organization who are being forced to seriously consider paying attackers in hope they will regain control of vital data on their own network. “The attackers are demanding a mere four bitcoins in exchange for a key to unlock the encrypted files; that’s a little more than USD $1,600 at today’s exchange rate.” (Clerix, 2016) This is the modus operando of attacker who use Ransomware, they demand payment that are well within the means of those being attacked.

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