Ransomware Is Evolving

ransomware

Do you remember the WannaCry ransomware?

It ran rife about 18 months ago locking down an estimated 200,000 computers owned by giants such as Boeing, Renault, FedEx, and Telefónica.

The disaster could have been averted if the companies in question had applied patches. The interesting thing about WannaCry and the reason for its rapid spread is that it contained a worm component.

Despite news about it abating, WannaCry is still very much with us. In fact, according to a recent blog on BullGuard, 17% of ransomware attacks in Q3 of 2017 were due to WannaCry, and in Q3 of 2018, that number rose to 29%.

There’s a new malware in town

Many types of ransomware are opportunistic. Their modus operandi is a simple automation, like infected email attachments, sent to a vast number of potential victims.

However, a new kid on the block, SamSam, does things a bit differently.

This ransomware has been around for a while. However, according to BullGuard, a group of cyber fraudsters have used it to successfully extort $6 million over the past two and a half years.

Unlike other attacks, they’ve adopted a manual approach making it hard to detect and difficult to stop.

It’s unlikely to affect home users because the crooks are targeting large corporations in search of massive ransoms.

However, it does show that you can never be complacent when it comes to cyber protection. New ideas are always emerging along with new methods of attack. That’s why it’s essential you make sure a trusted cybersecurity product protects you and your data.

 

MPM Computer Consultancy provides IT Services, Support and Training to sole traders and small businesses in Ipswich, Bury St Edmunds, and surrounding villages.

Source: BullGuard