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Report: Cryptocurrency ransomware payments up 90%, thanks to Ryuk

Thursday, April 18, 2019 by Piyush Suthar | Comments

Home News Tech Report: Cryptocurrency ransomware payments up 90%, thanks to Ryuk

Ransomware attacks are still doing the rounds and one in particular appears to be gaining pace. Cryptocurrency payments made to ransomware attackers increased nearly 90 percent in Q1 2019 over the previous quarter, according to ransomware support firm Coveware’s latest report. In the first quarter of the year, the average daily ransom being paid to attackers rose to $12,762 from $6,733 in Q4 2018. According to the report, an increase in expensive infections is responsible for the jump. As ever, Bitcoin remains the most popular payment method for ransomware; 98 percent of attacks ask for the cryptocurrency as payment. Coveware…

This story continues at The Next Web

Authored by Piyush Suthar
Pro Blogger


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