High-tech extortion attacks nearly doubled in first quarter, report says, Today Online

BERLIN — High-tech extortion schemes nearly doubled in the first three months of this year, while attacks on Adobe Flash software used in streaming media and casual game sites quadrupled, a global report said today (June 9).
Intel Corp’s McAfee Labs Threats Report for May found that ransomware surged 165 per cent in the first quarter, rebounding from a slight dip earlier last year when police agencies worldwide staged a coordinated crackdown to knock out a major ransomware network.
Ramsomware is malware which cybercriminals use to seize control of computer and phones when unwitting users click on an infected link or download a tainted document, locking them out of all access to their devices unless they make ransom payments.

Sourced through Scoop.it from: www.todayonline.com

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