Mobile Ransomware Threat Continues to Climb

By Gina Roos

Mobile ransomware detection in the second quarter of 2016 increased 200 percent from the first quarter, according to a new report from Quick Heal Technologies. Other threats the security solution provider discovered include adware and potentially unwanted applications (PUAs) with destructive functionalities. The analysis also finds adware increasingly used to deliver ransomware and ransomware-as-a-service (RaaS)—customizable kits sold through an online black market—gaining momentum. Quick Heal expects additional ransomware variants in the upcoming quarter and more ransomware families taking advantage of domain generation algorithms (DGAs). The company also predicts targeted security attacks on major events, including the upcoming presidential election. Other growing security challenges include mobile wallets, new payment technologies and the internet of things, which have opened up new opportunities for hackers. Here Channel Insider examines 10 takeaways from the Quick Heal second-quarter study.

This article was originally published on 2016-09-08