Best Practices For Addressing The Ransomware Threat

The nefarious practice apparently has been around for more than 10 years, starting in Russia and Eastern Europe, but it’s taken some recent high-profile episodes to concentrate the minds of the corporate IT and legal world. An estimate from Symantec is that 2.9 percent of those hit by ransomware have paid what amounts to more than $5 million a year in ransom payments. Writing on Blooomberg BNA, Baker Donelson attorneys Alisa Chestler and Samuel Felker cover the history, the modus operandi and best way to both field and prevent this kind of cyber attack.