As ransomware campaigns continue to become an increasingly lucrative business for cybercriminals on the Dark Web, the alarming torrent of crypto-ransomware attacks is showing no signs of slowing down. The number of users hit by crypto-ransomware, which encrypts a victim’s data and demands payment in exchange for a decryption key, has jumped by more than five times compared to figures from 2014-2015, according to a report from cybersecurity firm Kaspersky Lab.
Analysing global users of its products with the Kaspersky Security Network feature enabled, the firm compared two 12-month periods – April 2014-2015 and April 2015-March 2016 – to research the scale and evolution of ransomware attacks over the past two years. The company’s analysis included both crypto-ransomware and classic screen-blocker ransomware attack statistics. According to the firm’s ransomware research report, 718,536 people were hit by encryption ransomware attacks between April 2015 and March 2016 – an increase of 5.5 times compared to the same period in 2014-2015. The total number of users hit by any type of ransomware jumped by 17.7%, from 1.97 million users between April 2014 to March 2015 to over 2.3 million users around the world between April 2015 to March 2016, researchers said. For the full article click here
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