Hackers Predicted to Take Ransomware to the Next Level in 2017

The arrival of new methods of Ransomware such as Locky and Cryptowall has caused experts to title 2016 as the year of ransomware. Professionals are now predicting that ransomware will continue to grow in sophistication in 2017.

Image result for ransomwareA recent CSO online article featured predictions on what to expect from ransomware in 2017. In the article, Watchguard CTO, Corey Nachreiner, predicts that 2017 will see the first ever ‘ransomworm’ causing ransomware to spread even faster:

“Years ago, network worms like CodeRed, SQL Slammer, and more recently, Conficker were pretty common. Hackers exploited network vulnerabilities and tricks to make malware automatically spread itself over networks. Now, imagine ransomware attached to a network worm. After infecting one victim, it would tirelessly copy itself to every computer on your local network it could reach. Whether or not you want to imagine such a scenario, I guarantee that cyber criminals are already thinking about it.”

Read more about ransomworm in the full article here.