Department
Information Systems
Additional Department
Management and Entrepreneurship
Document Type
Article
Publication Date
1-1-2017
Abstract
Ransomware is a rapidly growing threat to the data files of individuals and businesses. It encrypts files on an infected computer and holds the key to decrypt the files until the victim pays a ransom. This malware is responsible for hundreds of millions of dollars of losses annually. Due to the large amounts of money to be made, new versions appear frequently. This allows bypassing antivirus software and other intrusion detection methods. In this paper, we present a brief history of ransomware, the arguments for and against paying the ransom, best practices to prevent an infection, and to recover from an infection should one happen.
Journal Title
International Management Review
Volume
13
Issue
1
First Page
10
Last Page
21
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