Ransomware « 14th ANNUAL Cyber Security Summit

July 7, 2016

Survey: Most companies don’t budget for ransomware attacks

Based on the prevalence of the scam, some security experts have called 2016 “the year of ransomware,” yet a new survey shows most businesses don’t budget extra funds to regain access after a ransomeware attack. The survey, conducted by data security firm IDT911, found that 65 percent of respondents currently do not, nor plan to, […]

June 13, 2016

Another study suggests ransomware growing in popularity

Based on news reports, ransomware attacks appear to be growing in popularity, and a new study seems to confirm that they have become the scam of choice among hackers. In the first quarter of 2016, 93 percent of phishing emails contained ransomware, according to a recent report from PhishMe, a phishing-defense solutions provider. The company […]

May 18, 2016

Ransomware the biggest immediate cyber threat, Kaspersky warns

Ransomware has overtaken advanced persistent threat network attacks as the most frequent cyber threat, according to security firm Kaspersky Lab, and it doesn’t appear to be slowing down as authorities have had a hard time combating the viruses. A recent Kaspersky report revealed that there were 2,900 new ransomware modifications detected between January and March of 2016, […]