Verizon security report finds record rise in ransomware

US telco Verizon warned this week that corporate ransomware attacks are increasing at an “alarming” rate.
In its 15th annual Data Breach Investigations Report (DBIR) – which analyses security incidents to identify among other things the type of attack, their origin, success rate, and attack vectors – Verizon Business found that the number of ransomware attacks on organisations has grown 13 percent year-on-year. That’s more than the last five years combined. Ransomwa