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ARTICLE · 06 APRIL 2023

Market Intelligence Thought Leadership Award Winner

Combating Ransomware: A Multidisciplinary Approach For Efficient Investigation And Recovery Of Ransom Proceeds

Cyber criminals have developed new ransomware techniques to improve the efficiency and profitability of their attacks. These include targeting large and high-value entities such as governments...

South AfricaTechnology

Cyber criminals have developed new ransomware techniques to improve the efficiency and profitability of their attacks. These include targeting large and high-value entities such as governments and the health care sector (also known as "big game hunting"), and the selling of user-friendly ransomware software kits (also known as ransomware as a service). This has led to a significant increase in ransomware payments globally, although these attacks remain underreported in some jurisdictions.

Ransomware is a type of malicious software ("malware") that is used by criminals to deny users access to data, systems or networks while demanding to be paid a ransom in exchange. In addition to the threats relating to the disrupted systems, criminals often threaten to publish the victim's data if the ransom is not paid ("double extortion").

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