We’re quickly approaching 2018, and a week doesn’t go by without another variant of malware causing havoc across the globe. What caught the attention of lawyers was an apparent infection in one of DLA Piper’s European offices that brought the law firm’s normal operations to a halt. As we write, the extent of the damage is still unclear. Times have changed since CryptoLocker first ran wild in 2013, but the results are still as devastating. The costs of ransoms have significantly gone up from a few hundred dollars to the $1,000-plus range for the decryption key to unlock the affected files—and more than half of those who pay up do not receive the decryption key. So much for honor among thieves! Ransomware has continued to evolve and is the primary security concern for businesses of all types and sizes. Read More
