CyberNews Briefs

Over 500% Increase in Ransomware Attacks Against Businesses

Malwarebytes’ latest quarterly report on cybercrime shows that crooks are increasingly targeting businesses. The company registered a 24% drop in cyber attacks against consumers in the first quarter of 2019, but saw threats affecting companies jump by 235%.

The report also shows that more and more threat actors are embracing ransomware again as part of campaigns that go after businesses. Ransomware attacks against firms rose by 189% compared to Q4 of 2018 and by a staggering 508% compared to Q1 of 2018. At the same time however, ransomware attacks against consumers declined to the point that for the first time in years, ransomware did not make the top 10 of threats for consumers.

Read more: Over 500% Increase in Ransomware Attacks Against Businesses

OODA Analyst

OODA Analyst

OODA is comprised of a unique team of international experts capable of providing advanced intelligence and analysis, strategy and planning support, risk and threat management, training, decision support, crisis response, and security services to global corporations and governments.