Ransomware to remain cyber crime mainstay in ’18: Report

Ransomware to remain cyber crime mainstay in ’18: Report



THE trend of known vulnerabilities being used in major cyber attacks will continue in 2018 with the ransomware business model being a cyber crime mainstay, a new report said on Wednesday.

Cybersecurity solutions leader Trend Micro predicted an increase in Internet of Things (IoT) vulnerabilities as more devices are manufactured without security regulations or industry standards. Overall, the increased connectivity and enlarged attack surface present new opportunities for cyber criminals to leverage known issues to penetrate a corporate network, the company said in a statement.

“The ransomware attacks will manifest itself in a more ‘specialised’ and ‘targeted manner’, unlike the earlier approach. With respect to India, in 2018, we will experience more number of attacks targeted at the ATMs, especially malware attacks.

“We also expect to see a rise in security incidents across Public Cloud platforms,” said Nilesh Jain, Country Manager,

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