May 8, 2024 at 03:35AM
Ransomware has plagued the information security landscape for a decade, with attacks increasingly targeting corporations for big payouts. Mikko Hyppönen, chief research officer at WithSecure, warns that the rise in attacks and the value of Bitcoin has created lucrative opportunities for criminals. Despite this, the security industry offers a promising job outlook for skilled professionals.
After reviewing the meeting notes, the key takeaways are:
1. Ransomware attacks on corporations have been on the rise since criminals realized the potential for higher payouts from hitting business networks.
2. Mikko Hyppönen, chief research officer at WithSecure, will deliver a keynote talk at the RSA Conference in San Francisco, expressing pessimism about the future of information security in light of the increasing number of attacks and the rising value of Bitcoin.
3. Extortionists are targeting poorly secured IT environments and it’s becoming increasingly difficult for victims to avoid paying up when their stolen corporate data is leaked online.
4. Despite the challenges, there is job security for individuals working in the information security industry.
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