Cybercriminals steal company’s or business data and ask for money to turn the data back. Most bushiness are vulnerable to that tactic and pay the hackers money to get their data back. Ever since ransomware became a thing hackers have made a huge fortune and still make a lot of money now off of this tactic.

https://cyware.com/news/high-profile-ransomware-that-helped-attackers-make-massive-profits-for-its-operators-c8966231

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[HGLLCParticipant]

Yes, Cybercriminals do profit from ransomware; however, is it less expensive to pay the Hacker or to pay 3rd parties to assist in getting the organization back online?

[stersigniParticipant]

Submitted retail bug bounty experienced consistent growth rates since 2017 but 2019 saw a bug submission surge that had a 176 percent increase. The increase is due to the traditional “freeze” period when the lower priority testing and code changes are postponed. Retail hardware assets often lack built-in security features. Hardware assets often require manual updates which takes up more time. They also are generally short on processing power and memory so standard encryption protocols are frequently omitted by the manufacturers. Security glitches are most prominent on Point of Sale devices. PoS systems are connected to the internet and can be searched by hackers that know what to look for in systems to act as a doorway to the rest of the network.

https://threatpost.com/threatlist-most-retail-hardware-pos-flaws-are-critical/149609/

[agalijasevic05Participant]

Visiting a infected, or phishing emails has benefited hackers into making a huge profit for its operators. Some examples are encryption. Certain files on ones device may not be accessed without having the password to it. In order to get this password, victims have to pay, which is the ransom (money.)

[Author]

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