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Over the last few years, the number of users encountering targeted ransomware – malware used to extort money from high-profile targets, such as corporations, government agencies, and municipal organisations – increased by 767%. This increase in targeted ransomware occurred alongside a 29% decrease in the overall number of users affected by any kind of ransomware, with WannaCry still the most frequently encountered family. These are among the most important findings in Kaspersky’s recent report on the ransomware landscape from 2019-2020. The ransomware threat – when attackers encrypt p...

The ransomware attacks on high-profile targets such as corporations, government agencies and municipal organisations globally increased by a whopping 767 per cent in one year (from 2019 to 2020), according to a new report. Targeted ransomware attacks have become a major concern globally in the past few years, especially for organisations and businesses in the APAC region, especially India. "At least 61 entities from the region were breached by a targeted ransomware group in 2020. Australia and India being the top two countries that logged the highest number of incidents across APAC," said ...

Kaspersky: Targeted Ransomware Grows Nearly 800% Woburn, MA – April 23, 2021 – From 2019 to 2020, the number of Kaspersky users encountering targeted ransomware increased by 767%. This increase occurred alongside a 29% decrease in the overall number of users affected by any kind of ransomware, with WannaCry still the most frequently encountered group. These findings are highlighted in Kaspersky’s latest report on the ransomware landscape. Ransomware threats became mainstream news in the 2010s following large-scale outbreaks, such as WannaCry and Cryptolocker. Over the years, these...

Global cybersecurity company Kaspersky reported a significant decrease in the number of ransomware attempts it has detected and foiled among its small and medium-sized businesses (SMBs) users in the Southeast Asian (SEA) region. In its latest Kaspersky Security Network (KSN) report, the company revealed less than one million ransomware attempts (804,513) were monitored in 2020, less than half of 2019’s over 1.9 million detections. Among the six SEA countries, only Singapore observed an uptick in the number of ransomware detections. There was a slight increase from 2,275 instances in 2019 th...

BankInfoSecurity Compliance @prajeetspeaks) • February 5, 2021     A Fonix ransomware note displayed to victims (Source: Malwarebytes) The Fonix ransomware gang has closed down its operations, according to Malwarebytes and Kaspersky. But security researchers warn the gang, like others, might re-emerge with new tactics. The Fonix group released what it claims is a master decryptor key that victims of their ransomware attacks can use. Plus, Kaspersky has also released a free decryption tool that's part of the its Rak...