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A Resurgence in Ransomware Being Driven By a Surge of New Malware Families

September 1, 2019

A US-based cybersecurity firm through its most recent threat report observed a 118% increase in new Ransomware strains basically in the first quarter of 2019 as compared with the last of 2018. It believes that the resurgence in ransomware is being driven by a flood of new malware families that are regularly more focused on.

The firm discovered that attackers were targeting the governments and organizations which were followed by companies in the financial, chemical, defense and education sectors. Their information corresponded with an ever-expanding number of ransomware attacks standing out as truly newsworthy, especially US governments and urban communities, very much like the Texas Ransomware attack.

This new spate of ransomware attacks is said to have been a move away from ‘spray and pray’ ransomware strategies, in such targeted attacks, spear phishing – sending vindictive emails from an “apparently trusted person”  – is progressively being utilized to gain initial access 68% of the time.

Attackers are likewise said to have been utilizing unknown email services to oversee the ransomware crusades. The most widely recognized groups of ransomware during this period are known to be Dharma (otherwise called Crysis), GrandCrab and Ryuk.

In any case, McAfee, made some amazing disclosures also, first the cybersecurity firm found that culprits are turning to various attack approaches with regards to coin mining malware, like the CookieMiner malware focusing on Apple users.

Furthermore, also, it found an average of 504 ‘new threats per minute’ in the first quarter of 2019 and noticed that more than 2.2 billion stolen account credentials were made accessible on the cybercriminal underground during the same period.

Its discoveries depend on the information accumulated from its Global Threat Intelligence cloud,, which comprises of over a billion sensors checking for different sorts of cyber dangers around the globe.

Raj Samani, McAfee fellow, and chief scientist stresses on the fact that the impact of these threats is very real and added further that “It’s important to recognize that the numbers, highlighting increases or decreases of certain types of attacks, only tell a fraction of the story. Every infection is another business dealing with outages, or a consumer-facing major fraud. And we must not forget that for every cyber-attack, there is a human cost.”

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