FTC Arms Businesses and Consumers Against Ransomware
What’s the News?
The Federal Trade Commission (FTC) recently issued guidance for both businesses and consumers on defending against ransomware, both of which are based on lessons learned from the FTC’s recent ransomware workshop, with panelists that included security researchers, technologists, law enforcers, and business leaders. Ransomware is a form of malicious software that infiltrates computer systems or networks. Typically, ransomware involves encrypting the victim’s data or denying access to the victim’s data, to hold data “hostage” until the victim pays a ransom. It has become one of the most serious online threats facing businesses.
*This alert was originally posted on Arent Fox's Behind the Scenes blog. To read this alert in its entirety, please click here.