A New Strain of Ransomware
Updated: Dec 28, 2019
"Ransomware is now one of the biggest software security threats out there. Its meteoric rise as the cybercriminals' malware of choice was so rapid, the number of ransomware victims increased by 250 percent in 2017, following a shocking 550 percent increase in 2016.
One thing about ransomware that's so appealing to cybercriminals, aside from its profitability, is its adaptability. It's constantly evolving, as cyber criminals change their code to suit their needs and to elude security software.
A new ransomware strain dubbed as "ransomcloud" has been developed and it can encrypt online email accounts like Office 365 and Gmail in real-time. Why is this significant? Because it means even your online email accounts are now in danger of being locked out by cyber-criminals.