Resurgent ransomware threatens cyber systems

By Mayvelin U. Caraballo

Jun 04, 2021 12:28 am

Ransomware, a cybercrime that encrypts systems and locks their owners out until a ransom is paid, has resurfaced globally, and attacks on Philippine cyber firms are likely to increase.

Just last May, a ransomware attack affected a subsidiary of the French insurance company Axa, impacting operations in numerous Asian nations, including the Philippines.

Allan Cabanlong & Yeo Siang Tiong CONTRIBUTED PHOTOS

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