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Technology

The Extortion Economy

U.S. Companies and Ransomware

Ransomware has become one of the most common types of cyber-crime, devastating individuals, businesses, and government agencies. Law enforcement has largely failed to catch or deter the hackers, who are usually foreign. But we found that U.S. companies, exploiting regulatory loopholes and sometimes misleading victims, have secretly abetted the rise of ransomware for their own profit.