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The Biggest Ransomware threat predictions for 2017

The Biggest Ransomware threat predictions for 2017

What are the biggest Ransomware threats this year?
The crippling effects of WannaCry Ransomware attack earlier this year in May was a sign of the vulnerability that SMBs can face from a cyber-attack. With WannaCry making headlines by infecting more than 2, 30,000 machines, the IT industry is facing a bigger threat by each passing day from hackers. Progressive Infotech, based on the research and attacks that recently unfolded wrath upon the IT world, found the following few predictions about the types of Ransomware attacks that can affect enterprises to a large extent.Phishing Email: This happens to be one of the most common and easiest ways to plant a bug. To lure the victim, the attackers always rely on macro-based malware that can be delivered via a simple email. It has been predicted that harmless emails may contain malware that can extract information and has the ability to spread quicker than earlier threats.Encrypted malware: A ‘payload’ or malware with a transport mechanism capable enough to spread into numerous machines can encrypt a range of sensitive data files and then display a ransom note demanding the payment for access to the files. Recovery is always recommended as the malware can, in many instances, lead to data corruption bringing a halt to critical business processes.Spread Rate: It is predicted that the rate at which Ransomware will spread in future is very high. Cyber thieves are constantly bringing new and strong malware that can bring a running system to a halt in very less time. And the infection will spread at very large scale once the Ransomware gains an entry point. Progressive Infotech recommends ensuring secure network and access protocols from the beginning to minimize such threats.New Technology: Earlier encryption was enough to protect data but now Ransomware criminals are finding new technologically sound ways to penetrate into a database or system by exploiting its vulnerabilities. Once they get hold of any crack, the majority of the organizations get infected.Socially Engineered Malware: With social media becoming popular, hackers are targeting users with socially engineered malware that runs data-encrypting ransomware temporarily compromising the normal website coding. Such malware targets innocent users who are instructed to click past any warnings as a part of a legitimate process thus exposing the user data.How can Progressive help with these threats?Ransomware attacks have exploited the vast network of the virtual world and managed to garner attention all around the world. Criminals threaten to expose enterprise data to the world (known as doxing) and maintain captured data as leverage. Progressive Infotech provides all the required security for critical data and can prove to be beneficial for protection of a business. For further details reach out to us with your query and allow us the opportunity of service for your needs.

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