Ransomware Attacks Skyrocketing In 2016

Ransomware Attacks Skyrocketing In 2016

By Chris Brunau

We knew 2016 has been a big year for ransomware, but it may be even worse than we suspected. In just the first three months of 2016, attacks increased tenfold over the entire previous year, costing victims more than $200 million. The total cost of ransomware in 2015 was $325 million, so we’re going to see much more dismal results as the year goes on.

If you’ve been following along with the Datto Blog (have you subscribed yet?) then it probably seems like we’re reporting a new type of ransomware every week. Unfortunately, you weren’t imagining it. According to research from Kaspersky Labs, ransomware attacks are up fivefold on their users. Kaspersky states that In 2014-2015, there were 131,111 attempted ransomware infections and that number has increased all the way to 718,536 in 2015-2016.

From cases in the healthcare industry like Hollywood Presbyterian or Kansas Heart Hospital, all the way to education with the University of Calgary, it doesn’t appear anyone is safe from the threat of ransomware. Kaspersky’s research also shows the top 10 countries hit with ransomware. They are India, Russia, Kazakhstan, Italy, Germany, Vietnam, Algeria, Brazil, Ukraine, and the U.S. However, the ransomware in India, Algeria, Russia, Vietnam, Kazakhstan, Ukraine, and Brazil is less dangerous than the attacks in the U.S.

While we do know some of the biggest offenders of ransomware, with names like CTB-Locker and CryptoWall, there are a variety of new names popping up and wreaking havoc, like the recent Crysis ransomware.

Kaspersky offers a few tips to stay protected, included take backups regularly and reliable security solutions. For more of their tips, head over to their blog. If you’re looking for even more content on all things ransomware, including more on the common types, how it’s spread and how you can protect yourself, check out our eBook: The Business Guide To Ransomware. This will provide everything you need to know to avoid becoming another ransomware statistic.

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