Ransomware | AFP Animé

Ransomware is a type of malicious software, used by cybercriminals to extort money from internet users. Global ransomware attacks are on the decline, but such cyber strikes are getting bolder and homing in on more profitable companies, with data encryption a key target, Europe’s police agency said Wednesday.VIDEOGRAPHICS

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Ransomware demands which hit a clutch of multinationals Tuesday are the latest in a wave of international cyberattacks in recent months. The frequency of attacks have raised questions on how companies can protect themselves effectively.VIDEOGRAPHIC