Ransomware to Continue, become More Evil in 2018

Ransomware grew some three hundred percent last year in comparison with 2016 and in the current year such attacks are set to become even more malicious, according to a Quick Heal report on Monday. Ransomware

Ransomware, cryptocurrency mining as well as zero-day exploits headlined the threat landscape last year, said the global IT security firm’s “Annual Threat Report – 2018”.

The issue of ransomware is going to continue because of the growing availability of exploit kits and ransomware-as-a-service, it said.

“The increased usage of advanced techniques by cybercriminals to propagate into endpoints indicates to us that the threat landscape will continue to evolve and become more sophisticated literally with each passing year,” said Sanjay Katkar, CTO of, Quick Heal Technologies Limited.

Last year, Quick Heal’s Security Labs detected over 930 million Windows malware that specifically targeted individuals and businesses.

The year was dominated by several exploits leaked by the hacker Group calling themselves  “The Shadow Brokers” such as EternalBlue, EternalChampion, EternalRomance and EternalScholar which were responsible for advanced ransomware campaigns such as Notpetya and the infamous WannaCry , and a few cryptocurrency mining campaigns to boot.

Towards the end of last year, they observed cryptocurrency mining to have spread from personal computers to smartphones where attackers targeted gaming, adult entertainment and browser related applications.

Besides ransomware, cryptojacking and usage of Artificial intelligence by cybercriminals are some of the top predictions to watch out for in 2018, the report said adding that an increase in the threat to mobile phones is also likely.

Further, the report stated Cryptojacking will explode in 2018 as it now empowers attackers to use the latest techniques and discreetly use endpoints to illegally mine cryptocurrency, it said.

Olé Crypto,

CBNN

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