Ransomware detections soared by 365% year-on-year in the second quarter of 2019, according to the latest report from Malwarebytes.
This figure is even higher than the 235% increase in overall threats aimed at businesses from 2018 to 2019, the security vendor claimed in its latest quarterly threat report, Cybercrime techniques and tactics (CTNT): Ransomware retrospective.
At the same time, consumer ransomware detections continued to decline, by 12% year-on-year, as hackers turn their attention to higher value targets.
Among the most frequently targeted organizations in Q2 were US cities, healthcare organizations (HCOs) and schools and universities. Legacy IT infrastructure and a lack of funding for security initiatives has left these sectors particularly exposed, Malwarebytes claimed.
Among the most prolific ransomware strains targeting organizations in Q2 were Ryuk, with detections increasing 8% from the previous quarter, and Phobos, which witnessed massive growth of 940% from Q1 2019.
Source - https://www.infosecurity-magazine.com/news/ransomware-soars-365-yearonyear-in/