This article gives you the details and even history of RansomWare which actually dates all the way back to 1989.
Ransomware creators are now working with criminal enterprises where instead of selling the Ransomware to the criminals, they take a 50% cut on all proceeds.
On average, Ransomware takes a victim offline for at least a week. That alone could shutter many small businesses.
The rise of BitCoin has helped Ransomware. In the earlier days, credit cards were used for payments but most major credit card processing companies banned the use of credit cards for this purpose leaving no way for the creators of Ransomware to get paid for the unlocking keys. With BitCoin, they have a completely untraceable way of getting paid, although its orders of magnitude harder for the victim to figure out how to buy and transfer BitCoin versus using a credit card.
The best way to avoid Ransomware is via vigilence around your users Internet activities. The usual warnings of never clicking unknown links in email or web pages. However, its almost inevitable that someone may not be careful, or may be in a rush and it only takes one person in your office to unleash Ransomware on every computer.
Using our EverSafe! solution, you will get an immediate notification if Ransomware is detected on your network. At that point, you can remove the Ransomware. Without EverSafe!, removing Ransomware usually leaves your data that has been encrypted, now forever destroyed.
With EverSafe!, you can just restore all of your data how it appeared only minutes before the infection, and you are back up and running with virtually no downtime or data loss.