Ransomware is a malware that encrypts or locks files before demanding payment from users or organisations for decryption.
LCCI has noted an increase in business systems being hacked by ransomware, with demands of payment and other things.
“There are cases where major businesses have lost all – and l mean all – their data and records and are locked out, forcing them to revert to a fully manual system whilst having to rebuild their data and system,” said LCCI president, John Byrne.
“This is not an isolated case.
