At some point in the recent past — he is not sure exactly when — F-Secure's Chief Research Officer Mikko Hypponen coined the term 'cyber crime unicorn'. His purpose was to highlight the growing professionalism of cyber criminals; and the term caught on. Now he has asked the question seriously: could a ransomware product actually be a criminal tech unicorn; that is, a start-up business valued at more than $1 billion?

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