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Ransomware Roundup: Kaspersky reports a major increase in ransomware attacks

Ransomware attacks rose by a whopping 250% during the first three months of this year, compared to the previous three months, according to a new report from security firm Kaspersky. The report also found that the U.S. experiences more ransomware attacks than any other country. Within the first quarter of the year, 218,625 mobile ransomware files were detected compared with 61,832 from the previous quarter. Another report from Cybersecurity Ventures predicts 2017 ransomware damages to exceed $5 billion, including ransom payments, loss of data, downtime and lost productivity.

WannaCry linked to group responsible for Sony Pictures hack
Security experts are blaming a group known as Lazarus for the worldwide WannaCry ransomware attack. Lazarus is also believed to be responsible for the 2014 Sony Pictures hack. Analysts from Symantec’s Security Response Team say commonalities in the tools, techniques and infrastructure used in the attacks point to Lazarus. “Our confidence is very high that this is the work of people associated with the Lazarus Group, because they had to have source code access,” said Vikram Thakur, technical director for  the Security Response Team.

For more news and information on the battle against ransomware, visit the FightRansomware.com homepage today.

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