As you can imagine, ransomware has become a big business for cybercriminals. Here are some quick numbers to give you a picture of just how big it has become: In 2016, the rate of ransomware infections increased 500% in 8 months. On average, a ransomware variant will infect between 30,000 - 35,000 devices in a month, with some variants reaching up to 150,000 infections. There were 50 new variants of ransomware developed each month during the first six months of 2016 During that same time period, one unknown ransomware actor (individual or group) made $94 million in profit Cerber ransomware brought in $195,000 in payments in July 2016 Ransomware profits are expected to reach $1 billion in 2017 … [Read More...]
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