Tag: Ransomware

New Ransomware Targeting your Business

New Ransomware Targeting your Business

Cyber Security
Ransomware, a type of malware that infiltrates and infects a user or company’s system and encrypts their data, holding the organisation to ransom until a large sum of money is paid in return for a decryption key to unlock it, is more pervasive than ever. However, the emergence of a new type of ransomware strain late in 2017 showed a sinister new face to the already destructive malware. Rather than having their data recovered when they paid their ransom, the victims of the attack found their data completely and irretrievably wiped, even after paying large sums of money to recover their information. Whereas ransomware, in the traditional sense, seeks to make its perpetrators wealthy, the new strain seeks to destroy. It mimics ransomware and operates in a very similar fashion, accessin

Cybercriminals developing more malware

Cyber Security
According to the report, mobile malware was the most significant statistical category for the second quarter, in both quantity and complexity. Not only are cybercriminals developing more malware targeting mobile platforms, they are also advancing the programmes’ capabilities and behaviours. In addition to mobile malware, cybercriminals’ focused heavily on implementing campaigns designed for illegal bitcoin mining and theft as the digital currency’s value rapidly increased during the second quarter. Q2 2013 Malware Statistics: The following data was obtained using the cloud-based Kaspersky Security Network (KSN). All statistics were compiled with the full consent of users participating in KSN. Kaspersky Lab products detected and neutralised a total of 983,051,408 threats in the