Security News > 2020 > February > Ransomware Attacks Growing More Targeted and Professional

Ransomware Attacks Growing More Targeted and Professional
2020-02-26 16:18

Ransomware-wielding attackers - aided by a service economy that gives them access to more advanced attack tools - are increasingly targeting organizations rather than individuals to shake them down for bigger ransom payoffs, says McAfee's John Fokker.

The allure of businesses is clear: Attackers can demand more money, earning a bigger potential haul from any given attack, aided by a service economy designed to help them more easily turn a criminal profit via increasingly advanced attack tools, he says.

The rise of more targeted and professional ransomware attackers.

Fokker is head of cyber investigations and red teaming for McAfee Advanced Threat Research.

He's a co-founder of the No More Ransom project.


News URL

https://www.inforisktoday.com/ransomware-attacks-growing-more-targeted-professional-a-13775