GhanaStar
  • News
  • Sports
  • Entertainment
  • Politics
  • Business
  • Music
No Result
View All Result
GhanaStar
  • News
  • Sports
  • Entertainment
  • Politics
  • Business
  • Music
No Result
View All Result
GhanaStar
No Result
View All Result
Home News

Ransomware Attacks Around the World Grow By 50%

April 28, 2017
in News
Share on FacebookShare on Twitter

Ransomware attacks on businesses around the world rose 50% last year, research into successful cyber-breaches shows.

You Might Also Like

Why Ghana and Nigeria Were Not Invited to the Russia-Africa Summit

Two People Arrested in Connection with Death of X-Rated American IG Model, Tyger Booty

Ghana’s Parliament Erupts into Chaos as NDC MP whisks away Speaker’s seat

Its popularity means malware is now responsible for 51% of all the incidents analysed in the annual Verizon data breach report.

This analyses almost 2,000 breaches to find out how firms were caught out by cyber-thieves.

It also found that measures taken by some firms after payment systems were targeted, stopped new breaches.

The rapid rise in the number of successful ransomware attacks was widely expected, said Marc Spitler, senior manager in Verizon’s security research division, simply because so many malicious hacking groups were adopting the tactic.

“Ransomware is all about how can they get more money per infected device,” he said.

A separate report by security firm Symantec found that the average amount paid by victims of ransomware had risen to $1,077 (£834).

Consumers were likely to be hit straight away with ransomware, said Mr Spitler, but attacks on businesses were stealthier. Often, he said, attackers burrowed deeper into a company’s infrastructure to find key databases that were then scrambled before payment was sought.

In most attacks, booby-trapped attachments sent via email were the main delivery mechanism for ransomware and other malware, found the report.

“These attacks are all about getting a foothold on a system,” he said, adding that once attackers were inside an organisation they typically looked to use the back doors for many different types of attack.

Darren Thomson, chief technology officer for Symantec in Europe, said its statistics suggest about one in every 131 email messages was now harbouring some kind of cyber-threat.

“They are arriving in Word documents and Excel spreadsheets,” he said, “the messages people get many times a day.”

The Verizon report also spotted a shift in the targets of cyber-attacks with 61% of victims now being companies with fewer than 1,000 employees.

The good news, said Mr Spitler, was that some industry sectors that had been hit hard before, now appeared less often in its attack statistics – suggesting their digital defences were starting to work.

“The lack of large retailers suffering point-of-sale intrusions was a glimmer of hope,” he said.

Join GhanaStar.com to receive daily email alerts of breaking news in Ghana. GhanaStar.com is your source for all Ghana News. Get the latest Ghana news, breaking news, sports, politics, entertainment and more about Ghana, Africa and beyond.

(Via: CitiFM Online Ghana)

Tags: Application Softwarechief technology officerComputer securityCryptographyCybercrimeCyberwarfareDarren ThomsoneuropeIntegrated Telecommunications Services - NECMalwareMarc SpitlerPayment systemsRansomwareSecurity engineeringsenior managerSymantecTechnology_InternetVerizon

Related News

Why Ghana and Nigeria Were Not Invited to the Russia-Africa Summit

Why Ghana and Nigeria Were Not Invited to the Russia-Africa Summit

by ghanastar
July 28, 2023
0

The Russia-Africa summit, which took place in St. Petersburg in July 2023, was notable for the absence of two of...

Two People Arrested in Connection with Death of X-Rated American IG Model, Tyger Booty

Two People Arrested in Connection with Death of X-Rated American IG Model, Tyger Booty

by ghanastar
January 2, 2022
0

The Ghana Police Service has announced the arrest of two persons in connection with the death of Julie Diane Williams,...

Ghana’s Parliament Erupts into Chaos as NDC MP whisks away Speaker’s seat

Ghana’s Parliament Erupts into Chaos as NDC MP whisks away Speaker’s seat

by ghanastar
December 1, 2021
0

Ghana's Paliament on Wednesday erupted into chaos with minority and majority members shoving and pushing each other. The heated confrontation...

Cedi records highest depreciation against dollar in 36 weeks

Cedi records highest depreciation against dollar in 36 weeks

by ghanastar
December 1, 2021
0

The local currency is back into free-fall mode against its major counterpart trading currency, the US dollar, as it records...

Next Post

British Soldier Who Killed Afghan Fighter Freed From Jail

SE Asia Voices 'grave Concern' On N. Korea Despite Appeal

Categories

  • Africa & World
  • African Music Lyrics Directory
  • Business
  • Business Directory
  • celebrities
  • Computing
  • Diaspora
  • Entertainment
  • Events
  • Feature
  • Featured
  • Ghana Elections 2016
  • Headlines
  • Health
  • International
  • Internet
  • Jobs
  • lifestyle
  • Music
  • News
  • Offbeat
  • Opinion
  • Politics
  • Profiles
  • Religion
  • Security
  • Seth Terkper
  • Smart Home
  • Social Networks
  • Sports
  • Technology
  • Top Stories
  • World News

Tags

accra addo africa Association football Banks - NEC business Business_Finance chairman Donald Trump economy education Entertainment_Culture environment Geography of Africa ghana Ghanaian people government Government of Ghana Human Interest John Dramani Mahama john mahama Law_Crime mahama minister MPs elected in the Ghanaian parliamentary election Nana Addo Nana Addo Dankwa Nana Akufo-Addo National Democratic Congress National Democratic Congress (NDC) New Patriotic Party New Patriotic Party (NPP) nigeria politics Politics of Ghana president Social Issues Social Media Social Media & Networking sports United Kingdom United Nations United States Vice President War_Conflict

Recent Posts

  • Government of Ghana Unveils Official Portraits of President John Dramani Mahama and Vice President Prof. Naana Jane Opoku-Agyemang
  • Who Is the Woman (Sheena Gakpe) in Sarkodie’s Latest Hit “No Sir” and Why Everyone Is Talking about It
List of Ghana Holidays for 2020
Ghana Geocoding
Ghana Cedis Exchange API
Ghana Maps Service
Toyota Cars Auto Auction History
  • African Music Lyrics Directory
  • Business Directory
  • Diaspora
  • Top Stories

All rights reserved © 2021 GhanaStar.com

No Result
View All Result
  • News
  • Sports
  • Entertainment
  • Politics
  • Business
  • Music

All rights reserved © 2021 GhanaStar.com