Ransomware is currently on track to become the most prevalent form of malware affecting business, with almost 40 percent of businesses experiencing a ransomware attack last year alone.
According to a report by security firm, Malwarebytes, which surveyed 500 companies in four countries, their research found that one-third of targeted victims lost revenue as a result of an attack, and in the case of healthcare facilities, 3.5% claimed that a ransomware attack had put peoples lives at risk.
Nathan Scott, the technical project manager at Malwarebytes said that “Over the last four years, ransomware has evolved into one of the biggest cyber security threats in the wild, with instances of ransomware in exploit kits increasing 259 percent in the last five months alone. The impact on businesses around the world has been significant.”
Malwarebytes’ research also found that respondents were candid about the financial implications of ransomware attacks, claiming that more than one-third of the ransomware victims lost revenue as a result of the attack. Worryingly. 20 percent also said they had to stop operations completely in the aftermath of a successful data breach.
The report,” State of Ransomware,” published on Wednesday, attempts to explore and explain how ransomware is spreading across the globe.
Not of course that ransomware is anything new, but it has seen a near exponential rise in popularity over the last 18 months or so as a method of attacking businesses and other large organisations.
In simple terms, ransomware is the act of planting malicious software on a server or computer that then takes control of the machine or network, and encrypts all the data on it, rendering them inaccessible. The ransomware attackers then demand payment, typically in a digital currency such as bitcoin, in exchange for the decryption key that will return the network or affected computers to their previous state.
But as Malwarebytes points out, there’s no guarantee that they keys will work, or if the attackers will demand another payment to unlock the affected hardware.
“Cybercriminals are increasing their use of ransomware in their attack strategies globally, causing business disruption, loss of files and wasted IT man-hours. In order to stay safe, businesses must invest heavily in both employee education and technology…[to] protect them against known and unknown ransomware threats.”
The post 40% Of Businesses Targeted By Ransomware Alone appeared first on FileHippo News.
via FileHippo News http://ift.tt/2awiNMN
Icecream Screen Recorder is an application for screen capture and taking screenshots. Icecream Screen Recorder can both take screenshots and capture video and you can even switch between these 2 modes very easily; Just press the button in the top left corner of the application. Key Features Include: Video can be taken with or without system sound...
The .NET Framework is Microsoft's comprehensive and consistent programming model for building applications that have visually stunning user experiences, seamless and secure communication, and the ability to model a range of business processes. The Microsoft .NET Framework 4 redistributable package installs the .NET Framework runtime and associated...
Google’s game changing browser Chrome combines sophisticated technology with a simple UI, to create a faster, safer and easier browsing experience. Launched in 2008, Google Chrome quickly dominated the browser market to become the most used browser globally within 4 years of its public release. Google’s rapid and continuous development cycle ensure...
SMPlayer is a front-end for the mighty open source MPlayer. It comprises basic features like playing videos, DVDs, and VCDs to more advanced features like support for MPlayer filters and more. One of the most interesting features of SMPlayer: it remembers the settings of all files you play. So you start to watch a movie but you have to leave... ...
FileZilla Client is a fast and reliable cross-platform FTP, FTPS and SFTP client with lots of useful features and an intuitive graphical user interface. Among others, the features of FileZilla include the following: Easy to use Supports FTP, FTP over SSL/TLS (FTPS) and SSH File Transfer Protocol (SFTP) IPv6 support Available in many language...
