This article originally appeared in the 06/01/2004 issue of THE Journal.
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Cyber-criminals collected $209 million in the first three months of 2016 by extorting businesses and institutions to unlock computers. At that rate, ransomware is on pace to be a $1 billion a year criminal industry this year. The Angler Exploit kit, which infects your system and deploys the ransomware, will be responsible for over $60 million this year alone1.