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Increase in ‘Double Extortion’ Ransomware Attacks

Recently, more ransomware attacks have been occurring. Cyber attackers now threaten to publish victim’s information publicly, which then puts pressure on the victims to pay the ransom requested.

Hackers are threatening victims to leak their stolen data or use it in future attacks if the ransom requested is not paid up.

Experts have predicted that Double Extortion attacks will continue to be rampant and affect victims of ransomware attacks in 2020. Hospitals, which collect sensitive, health-related data will also be hit and this would be a disastrous situation especially as they are currently fighting the war against COVID-19.

Canfield Cyberdefense Group’s software- Checkmate is an all in one cyberdefense system that leverages Phen.AI, an artificial intelligent tool to combat all forms of cyberattacks including ransomware and spam attacks.

To learn more about CCG’s latest Artificial Intelligent software product that will protect your network from cyber-crime, visit our website at https://www.phen-ai.com.

Olumide Akinwekomi

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