Why the Colonial Pipeline ransomware attack is a sign of things to come

Ransomware has grown fouler than ever, but it’s also grown up. The practice of using malware to encrypt files on a victim’s devices and then demanding a ransom payment for unlocking them has advanced far beyond its origins as a nuisance for individual users. These days, it’s a massively profitable business that has spawned its own ecosystem of partner and affiliate firms. And as a succession of security experts made clear at the RSA Conference last week, we remain nowhere near developing an equivalent of a vaccine for this online plague. “It’s professionalized more than it’s ever been,” said Raj Samani, chief scientist at McAfee, in an RSA panel . “Criminals are starting to make more money,” said Jen Miller-Osborn, deputy director of threat intelligence at Palo Alto Networks’ Unit 42, in another session .

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Why the Colonial Pipeline ransomware attack is a sign of things to come