Comments on: The Future of Ransomware – Schneier on Security https://www.epanorama.net/blog/2017/05/27/the-future-of-ransomware-schneier-on-security/ All about electronics and circuit design Tue, 28 Apr 2026 21:36:21 +0000 hourly 1 http://wordpress.org/?v=3.9.14 By: Tomi Engdahl https://www.epanorama.net/blog/2017/05/27/the-future-of-ransomware-schneier-on-security/comment-page-1/#comment-1548619 Sun, 28 May 2017 19:07:19 +0000 http://www.epanorama.net/newepa/?p=55757#comment-1548619 John Leyden / The Register:
Trend Micro: ransomware grew 752% in 2016 and generated $1B in revenue

Feeling Locky, punk? Ransomware grew eight-fold last year
Days of future past
http://www.theregister.co.uk/2017/05/24/ransomware_trends/

Ransomware saw a more than eight-fold (752 per cent) increase as a mode of attack in 2016, according to Trend Micro.

The infosec firm estimates file-scrambling malware families such as Locky and Goldeneye raked in $1 billion in 2016.

2016 was the year when ransomware ruled, and this danger has been maintained by recent WannaCrypt attacks and the latest threat Eternal Rocks, which has no kill switch and continues to grow.

Trend Micro’s report, Ransomware: Past, Present and Future (pdf), provides a useful overview of the history and evolution of ransomware, from its beginnings in Russia in 2005/6 to the growth of the ransomware-as-a-service (RaaS) business model.

https://documents.trendmicro.com/assets/wp/wp-ransomware-past-present-and-future.pdf

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