As the oil and gas industry increasingly depends on digital technologies, it is becoming an increasingly more viable target for cyberattacks. While there are various cyberthreats facing the industry, ransomware has taken center stage.

Ransomware has become one of the mostif not the most prevalent, effective and successful form of cybercrime. Ransomware is simple to create and distribute and offers cybercriminals an extremely low-risk, high-reward business model for monetizing malware.