There appears to be no end in sight to the ransomware epidemic. New stats released by security researchers at Kaspersky Lab show that the number of users who came across crypto ransomware in the last year increased by more than 500 percent over the previous year.
The variety and volume of ransomware being deployed by attackers has continued to grow at an alarming rate in the last year or so, with pioneering strains such as CryptoLocker, CryptoWall, and others being joined by dozens of new variants. It’s difficult to overstate how much of an effect the emergence of ransomware has had on consumers, enterprises, and the security industry itself. The FBI has been warning users about crypto ransomware for some time now, and has consistently advised victims not to pay any ransoms. Security researchers have been publishing decryption tools for specific ransomware variants and law enforcement agencies have had some success in taking down ransomware gangs.