Mohammad Ibraheem, who works for a contracting company in Dubai Silicon Oasis, said the ransomware
attack took place four days ago when the hacker infected their computers with the dreaded crypto virus, Dharma, which has left all their files encrypted.
The post New ransomware
grows 118% as cybercriminals adopt fresh tactics: report appeared first on TahawulTech.com.
M2 PRESSWIRE-August 21, 2019-: Global Ransomware
Protection Industry Analysis 2019, Market Growth, Trends, Opportunities Forecast To 2024
Kaspersky researchers detected 16,017 new ransomware
modifications in Q2 2019 - including ones belonging to eight new malware families.
Duie Pyle, said his company's ransomware
nightmare started around 5:30 a.m.
Attacks More Than Double in Q1 2019: Beazley
In fact, such cybercrime tactics have fittingly become known as "ransomware
" and typically involve a hacker who encrypts an organization's data with a key known only to the hacker coupled with a demand for payment (usually through cryptocurrency) in order to provide the encryption code.
A new strain of ransomware
called MegaCortex has been found targeting attacks against entities in the US, Canada, France, Netherlands, Ireland, and Italy.
Hacking tools and kits for cyber attacks, identity theft, malware, ransomware
and other nefarious purposes have been available in online marketplaces for several years-price points starting as low as $1- which makes the cost of entry to a life of cybercrime nearly free.
Demands Soar Along With Cyber Claim Costs: NAS Report
Global Banking News-January 30, 2019--Study says global ransomware
attacks could be worth USD190bn