Utilities face growing ransomware threat as hackers improve strategy, execution

Utility Dive: The utility sector, including electric, gas and water companies, has a growing ransomware problem, say security experts.

Ransomware is a type of financially-motivated malware, which steals or locks up a company's data or computing systems until the victim pays a fee to the hacker. And it is quickly becoming more common across the economy, as deploying the malware becomes easier and hackers learn to right-size their demands.

Read article