'New Mafia' cyber attacks on businesses up 23 percent in 2017

A new report from anti-malware specialist Malwarebytes says that the volume and sophistication of cyber attacks is growing thanks to an increase in organized cyber crime it dubs the 'New Mafia'. Ransomware attacks up to the end of October have surpassed total figures for 2016 by 62 percent. In addition, there has been an almost 2,000 percent increase in ransomware detections since 2015 -- rising to hundreds of thousands in September 2017 from less than 16,000 in September 2015. "The 'New Mafia', identified by our report, is characterized by the emergence of four distinct groups of cyber criminals: traditional gangs,… [Continue Reading]