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Programme: Morning Money X
Topic: London X
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Morning Money: The Square Mile is the Ransomware capital of the world

Sarah Lowther

Original Broadcast: Morning Money

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It seems the Square Mile is being hit by more so-called ransomware attacks than anywhere else in the UK. Ransomware is the digital equivalent of highway robbery. Precious company data is stolen or encrypted, and will not be returned in a readable form unless a ransom is paid. Data from specialists, Malwarebytes, found the City suffered 670% more such attacks than the next nearest area - Manchester. Chris Boyd, Malwarebytes’ intelligence analyst, told Share Radio’s Nigel Cassidy that ransomware attacks are nothing less than a modern day protection racket.

Guests: Nigel Cassidy,Chris Boyd


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