When does balsa wood become ‘grant’?

  • August 17, 2021

Jodie Woods, a balsawood plantation owner in Florida, has become a victim of the ransomware that recently crippled her business.

Woods has been using the name “Jodie” on social media, to avoid paying the $30,000 to acquire her property, which is owned by a nonprofit called the Florida Restoration Association.

But her social media accounts have since been taken down.

Woods is not the only victim of ransomware.

Many businesses, businesses and government agencies have experienced ransomware attacks in recent weeks.

The problem is not limited to the United States.

The European Union is experiencing a similar ransomware outbreak.

According to the International Federation of the Red Cross, there have been over 10,000 ransomware attacks this year.

The ransomware threat has affected all aspects of life, from healthcare to education, to the financial sector, according to the organization.

“There’s an increased awareness of ransomware threats and a lot of people are becoming aware of it,” said Mark Dutson, president and CEO of the International Red Cross.

“This is not going away.”

In a statement to CNBC, the Red Cliffs Foundation, a nonprofit organization that works to support coastal and inland communities in the U.S., called the ransomware threat “unprecedented in its scale, complexity and severity.”

While the organization has not yet seen a specific estimate on the size of the threat, it has said that it could be as high as $100 billion, though that is likely exaggerated.

The Red Cliff Foundation says it has collected over $30 million in aid from the American Red Cross since the beginning of the outbreak.

The charity has also reached out to its partner, the American Registry of Examiners of Certified Public Accountants, to help businesses mitigate the threat.

Duterson said the Red CLiffs Foundation is working with the Redcliff Foundation in New York City to help address the ransomware threats, which could include installing a firewall and more robust encryption measures.

DUTSON: “The Redcliffs Foundation has also been actively working with federal, state and local government entities to protect against ransomware threats.

We are working closely with law enforcement agencies and the private sector to deploy the best cyber-defense technology to protect our citizens and businesses.”

The Redclicks foundation is working to spread awareness about the threat and to educate consumers about the dangers of ransomware, Dutons statement said.

DATABASE: https://www.redcliffsfoundation.org/downloads/en/latest_news/Red-Cliffs-Foundation-Founders-statement-on-the-Ransomware-Incident-2016-01-28.pdf For more news and analysis on ransomware, follow @CNBCTech on Twitter.

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