Revenue model: ₹160 crores in 2 years thru Ransomware

Research suggests Ransomware victim has paid over ₹160 crores in 2 years according to Google study. This shows Ransomware attacks are getting sophisticated due to the Digital Transformation initiatives without proper due diligence to the defense in depth mechanism. A simple query shows 1,838,142 systems which have exposed SMB services on the internet. This is a clear business opportunity for Ransomware Boss. If he is able to get thru 20% of the exposed SMB system, I am sure it will be a huge revenue model without going thru a MBA program :)

Should I pay the ransom?

• The first option is to pay the ransom, however, It’s like a lottery system, there is NO guarantee that attacker (BOSS) will release your files. Firstly, identify the impact on the system and then follow the Incident response management procedure
• Please don’t encourage this crime by simply paying the money rather develop required control beforehand.