SophosLabs malware forecast points to rising IoT threats, more ransomware

sophoslabsSophosLabs has released a malware forecast to coincide with the start of RSA Conference 2017.

Typically, our research papers focus on Windows, which has traditionally been the largest battleground. While some of the report does indeed look at Microsoft-specific challenges, we decided to focus more on the increasing malware threats directed at platforms where the risks are often not as well understood, specifically Linux, MacOS and Android devices.
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Not all ransomware tools are created equal

sophos-intercept-x-icon-150In case you hadn’t heard, ransomware is big, big business. In 2016 alone, ransomware payouts are closing in on the billion-dollar mark, with a whopping 70% of companies reporting that they paid to have their maliciously-encrypted data liberated after being hit.

We’re not talking chump-change, either. For many businesses, these payments can and do routinely land in the tens-of-thousands-of-dollars range.
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Consumers fear a cyberattack over a physical attack, but what are they doing about it?

Soph HomeWorking day in day out with IT departments around the world to keep cyber attacks at bay, we at Sophos understand what worries them about the ever-changing threat landscape, the effect a malware infection could have on the running of the business and the work the departments do to keep their businesses ticking over.

But, it is consumers who are the most susceptible to malware, ransomware and other cyberattacks. Without an up-to-date knowledge of the cyber security industry or the benefit of an IT department quietly looking after their backs, the role of ‘IT support’ often falls to the one person who holds the most knowledge. However, that person might not have the time, possess the self-assurance or even the know-how to look after a whole ‘family and friends’ network of computers.

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Get under the skin of ransomware

RansomwareIn 2016 alone, hackers have taken over $1 Billion in the form of ransoms from users trying to retrieve their files after being infected with ransomware.

Ransomware is the most successful malware attack today. It works by locking up your files and crippling your systems until you’ve handed over money.

And, one of the biggest problems in the fight against ransomware is the constantly reinvented attacks. Cybercriminals are finding new methods of spreading the malware, evading detection and even developing ransomware that deletes itself as soon as files are encrypted so that even IT security teams are unable to uncover what variant is on the system.

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Join our webcast: Stop the Exploit. Stop the Attack.

WebcastWe know ransomware is one of the biggest threats facing organizations today but the security industry has traditionally struggled to keep up with this sophisticated, ever-changing attack. Until now.

Deploying a range of innovative next-gen technologies to block all kinds of advanced attacks, Sophos Intercept X is designed to stop ransomware in its tracks. It gives you comprehensive protection from rootkits, zero-day vulnerabilities, malicious traffic, and everything in-between.

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