Middle East accounts for 4.75% of global ransomware

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According to a study by Trend Micro, Middle East and North Africa  accounts for 4.75% and 1.75% respectively of global ransomware threats in the Q1 of 2018. Recognizing the growth and impact of ransomware, the company warns consumers ransomware can arrive on their computer from compromised websites, spammed emails, or wrapped in other malware, holding precious files and photos until the user pays a fee to the cybercriminals who hold them hostage. Ransom prices can reach $600 USD or more. To help customers defend against ransomware the security vendor took a holistic approach by providing free tools to them.

“Ransomware threats are constantly evolving, and no business is immune. As security experts, we encourage everyone to download our free tools, and inform users on the preventive measures, and ways to tackle the situation when affected. We recommend organizations to raise awareness and train their employees regularly on these preventive measures, like backing up data, and what has to be done when they encounter ransomware in emails or compromised sites. This helps to avoid being the victim of ransomware, as paying the ransom money does not guarantee that you can recover your data. There have been numerous reports of attackers asking for another ransom following the initial payment” said Cherif Djerboua, Regional Tech Leader at Trend Micro.

 

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