This week may mark the start of the Chinese New Year, but for us, this will definitely not be the Year of the Rooster. Clearly, based on the phone calls I am receiving as well as vendor solicitations, 2017 is poised to become “The Year of Ransomware”. Growth of Ransomware in the first half of 2016 showed an increase of 259% over December of 2015. This growth rate has not slowed by any measure.
Ransomware, (one of which is called Cryptolocker) is one of the more nasty threats in existence, facing computer users and businesses. Technically considered malware, this is most often spread through booby-trapped email attachments or even via hacked or malicious web sites.