Security Experts Warn About The Evolution of Ransomware In 2017

One of the most popular trends in 2016 has been the surge in ransomware deployment. Over the coming 12 months, this situation will only get worse. Enterprises and users are advised to take the necessary precautions to nip these attacks in the bud. In the first week of the new year, new types of ransomware have made their presence known already.

KillDisk is a type of malware that has been around for some time already. A new version of this ransomware strain has security researchers concerned, though, as it takes things to the next level. Rather than erasing enterprise data, the new version encrypts information. Although this has been the trend among consumer-oriented ransomware for some time now, things were quite different in the enterprise sector until now.

Business-Oriented Ransomware is Evolving

As the name KillDisk suggests, it started out as malware effectively deleting data from servers. In the new version, companies are forced to pay a Bitcoin fee to restore file access. Similarly to other ransomware types, KillDisk now encrypts hard drives and all network-mapped folders, forcing companies to pay the Bitcoin ransom.

With stolen data becoming less valuable than before, criminals have to adapt their business model.

Read more ... source: NewsBTC USA

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