#CyberHeadlines: 2016 The Year of Ransomware

2016 The Year of Ransomware

Kaspersky Lab 2016 Ransomware Report

Kaspersky Lab has deemed 2016 “The year of ransomware”. In a recent report they published, ransomware attacks went up eleven fold from January 2016 to September 2016 with 62 new ransom families detected, one in five businesses worldwide suffered from a ransomware attack and one in five SMBs never retrieved their data after paying ransom. We’ve covered Locky ransomware in the past, but according to this report, Locky has effected devices across 114 countries, and they were only number 2 on the list of ransomware with the largest percentage of users effected. CTB-Locker being in the #1 spot. We’ve talked quite a bit about DDoS-for-hire services, but Ransomware-as-a-Service has also continued to develop over the course of 2016. The top five industries effected by ransomware, in descending order were education, IT, entertainment/media, financial services and construction; with government coming close behind. Kaspersky Lab offers 7 steps to “standing up to ransomware” as follows:

“1. Back up data regularly

  1. Use a reliable security solution, and remember to keep key features – such as System Watcher – switched on
  2. Always keep software updated on all the devices you use
  3. Treat email attachments, or messages from people you don’t know, with caution. If in doubt, don’t open it.
  4. If you’re a business, you should also educate your employees and IT teams; keep sensitive data separate; restrict access; and back up everything, always.
  5. If you are unlucky enough to fall victim to an encryptor, don’t panic.” Use a clean system to check Kaspersky Lab’s No More Ransom site; “you may well find a decryption tool that can help you get your files back.
  6. Last, but not least, remember that ransomware is a criminal offence. Report it to your local law enforcement agency.”

For more about ransomware, check out our blog

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