Ransomware gangs ‘the mafia’ of the 21st century

Security Magazine has labelled ransomware gangs the ‘mafia of the 21^st century’. The reasons why may surprise you. Of course, ransomware gangs have behaved in a very mafia-like way in recent years, with the rate of attacks exploding worldwide. They’ve taken millions of dollars in payments from companies desperate to avoid the consequences of not paying, and they’ve done so in a very cold, business-like way. But Security Magazine believes the real reason they are the modern-day mafia is that ransomware gangs are maturing. Gangs are merging, hackers are moving between positions, and they are even starting to sell their products to amateur hackers. With this increased maturity comes further danger from more sophisticated attacks on personal and corporate systems everywhere.