Ransomware Attacks in 2017

December 7th, 2017 by admin Leave a reply »

As compared to 2016, the ransomware attacks hitting business users increased from 22.6 percent in 2016 to 26.2 percent in 2017. Kaspersky Lab conducted survey.

“Welcome to ransomware in 2017 — the year global enterprises and industrial systems were added to the ever-growing list of victims, and targeted attackers started taking a serious interest in the threat,” the report states. “It was also a year of consistently high attack numbers, but limited innovation.”

Significant businesses lost amount or data due to ransomware.Three massive ransomware outbreaks in 2017 are WannaCry, NotPetya and Bad Rabbit.

”The headline attacks of 2017 are an extreme example of the growing criminal interest in corporate targets,” Kaspersky Lab senior malware analyst Fedor Sinitsyn said in a statement. “We spotted this trend in 2016, it has accelerated throughout 2017 and shows no signs of slowing down.”

“Business victims are remarkably vulnerable, can be charged a higher ransom that individuals and are often willing to pay up in order to keep the business operating,” Sinitsyn added. “New business-focused infection vectors, such as through remote desktop systems, are not surprisingly also on the rise.”

Another report by Malwarebytes shows that the number of ransomware attacks in the first three quarters of 2017 is more than 2016 by 62 percent.

The report also shows that ransomware has largely replaced botnets.

“Knowledge of cybercrime and security best practices has to go across the organization, driven from the top down,” the report states. “With an endless array of potential vulnerability points, from reception to external vendors, an exchange of knowledge, awareness and insight is key to recognizing threats.”

“This idea of a CEO as a cyber security champion evokes an even bigger shift which can ultimately help businesses better protect themselves: treating cyber security as an investment in trust, rather than a way to prevent losses or costs.”

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AlertSec ACCESS is a patent pending technology designed to check that devices are encrypted before access to a network is granted.

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