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More advanced ransomware attacks could pop up in 2015

Ransomware attacks are growing in sophistication, and the problem could get worse in 2015

Michael Hatamoto | Mar 24, 2015 at 12:14 pm CDT (0 mins, 42 secs time to read)

Ransomware attacks, relying on custom malware able to encrypt files, continues to pose a significant threat to business users.

More advanced ransomware attacks could pop up in 2015 | TweakTown.com

New ransomware types are popping up, including Crypto Wall and Torrent Locker, being distributed via email spam, watering hole attacks, and malvertising. Due to the financial benefit of compromising victims, hackers are always on the lookout for new methods to infect victims.

"One researcher likens it to turning on the kitchen light and having the cockroaches scatter," said Andrew Conway, research analyst at Cloudmark, in a statement published by Baseline. "Now, instead of one ransomware package, there are three or four of them out there. Occasionally, there will be a bug on ransomware that will enable people to get their data back. But, if you don't have another copy of that data, pay the ransom if you need [the data]."

Last updated: Apr 6, 2020 at 08:44 pm CDT

Michael Hatamoto

ABOUT THE AUTHOR - Michael Hatamoto

An experienced tech journalist and marketing specialist, Michael joins TweakTown looking to cover everything from consumer electronics to enterprise cloud technology. A former Staff Writer at DailyTech, Michael is now the West Coast News Editor and will contribute news stories on a daily basis. In addition to contributing here, Michael also runs his own tech blog, AlamedaTech.com, while he looks to remain busy in the tech world.

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