The threat of ransomware is rarely out of the headlines as corporations and individuals are threatened with the loss of precious data if they don't submit to hackers' demands.
A report published yesterday claimed that the threat of ransomware has gone through the roof. The number of active ransomware families increased by 12 per cent in August, and the number of attacks increased by 30 per cent.
What's more, a report released in August claimed that more than half of UK businesses have fallen victim to ransomware, which left almost 10 per cent "entirely unable to operate" as a result.
With this in mind, our latest INQ debate is about - you guessed it - ransomware.
The debate, titled Ransomware is the biggest cyber threat today and will be for the foreseeable future, will see two of our journalists go head-to-head to figure out whether ransomware really is the biggest security threat facing businesses today, or whether it's just the latest round of cat and mouse between hackers and the cyber security industry.
Graeme Burton will argue that, given the ease of use and privacy offered by bitcoin payment systems and the general lack of tech-savviness, ransomware will continue to get bigger, worse and more costly.
John Leonard, on the other hand, will argue that ransomware is the equivalent of a naughty boy in a pirate hat and that we shouldn’t worry about it until it grows up.
Graeme's and John's opening statements are live now on our debate page so you can cast your vote. We'd love to hear your views on the subject, so feel free to use the comments section on the right of the page.
The four-day face-off will conclude on Friday, when Graeme and John will battle it out in a live video debate. You can sign up to watch it here.
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