They say misery loves company so when it comes to ransomware a new study suggests there’s a lot cold comfort to go around. Thanks to bots another other automation tools the rate at which those attacks will be launched is expected to increase. In fact, Europol, the law enforcement arm of The European Union, in an Internet Organized Crime Threat Assessment 2017 report released this week declared ransomware to be a global epidemic that is being orchestrated by organized criminal syndicates.
A separate ransomware report released this week by Crowd Research Partners finds that the rate at which ransomware attacks provides some additional insight to rate at which ransomware attacks are increasing. The survey of 516 cybersecurity professionals participating in a LinkedIn group managed by Cybersecurity Insiders finds that 75 percent of organizations affected by ransomware have experienced up to five attacks in the last 12 months and that 25 percent experienced six or more attacks.
Mike Vizard has covered IT for more than 25 years, and has edited or contributed to a number of tech publications including InfoWorld, eWeek, CRN, Baseline, ComputerWorld, TMCNet and Digital Review. He currently blogs for IT Business Edge and contributes to CIOinsight, The Channel Insider, Programmableweb and Slashdot. Mike also blogs about emerging cloud technology for SmarterMSP.