PhishMe, a security company providing anti-phishing solutions, released today a new report, analysing the state of phishing attacks worldwide, and the numbers are staggering, even though expected.
The first quarter of 2016, compared to the last quarter of 2015, has seen an incredible 789 per cent jump in the number of phishing emails containing malicious code, mostly ransomware.
The company said there has been a “6.3 million increase in raw numbers”.
The Q1 2016 Malware Review (opens in new tab) says three key trends have been spotted:
- Encryption Ransomware
- Soft Targeting by Functional Area
- Downloader/Ransomware: the one-two combination
“Thus far in 2016, we have recorded an unprecedented rise in encryption ransomware attacks, and we see no signs of this trend abating. Individuals, small- and medium-sized businesses, hospitals, and global enterprises are all faced with the reality that this is now one of the most favoured cyber-criminal enterprises,” explains Rohyt Belani, CEO and Co-Founder of PhishMe.
Ransomware is the type of malware that encrypts all the data on a computer or a network, and then requests payment from the victim in order for the files to be released.
Payment is usually made in Bitcoin, but does not guarantee the files will be returned safely.