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Ransomware Keeps Ringing in Profits for Cybercrime Rings

Cybercrime continues to earn illicit payday – at victims’ expense – thanks to crypto-locking ransomware. One insurer says it’s seen the number of cyber insurance claims for ransomware increase in recent months. From July to September, security researchers counted at least 39 new types or variants of ransomware. Experts say more advanced – and targeted – campaigns in a shift away from consumers and toward business targets are targeting business targets. Healthcare was the hardest hit, with 56 of the 67 attacks targeted U.S. firms, with a small number of attacks against targets in Portugal, France, Ireland and Israel.”]

Source: https://www.govinfosecurity.com/ransomware-keeps-ringing-in-profits-for-cybercrime-rings-a-11667

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