Experts See A Resurgence In Ransomeware Attacks

Cybersecurity experts have found 504 new threats surfacing in the cyberspace every minute in the first quarter of 2019. Experts noticed a revival in ransomware attacks as cybercriminals come out with creative tactics.

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McAfee Labs, in its latest McAfee Labs Threats Report for the first quarter, said that ransomware samples have gone up by 118 percent, with cyber criminals adopting new tactics and code innovations. “More than 220 crore stolen account credentials were available on the cyber underground. New coin mining malware increased by 29 percent,” the report said.