Overall, a previously burgeoning startup marketplace has been in decline since 2016. Dark Reading cites the startup slowdown a result of reduced funding from venture capital firms. However, one industry continues to boom, despite the overall decline: cybersecurity.
Ransomware isn’t new, but it’s been all over the news recently. Just last weekend, hackers launched a massive cyberattack that crippled hundreds of thousands of computers around the globe. Known as WannaCrypt—also called WannaCry or Wanna Decryptor—it is a particularly damaging brand of virus known as ransomware.