Current Versions of Ransomware Are Only Templates For Future Malware Attacks

Even though we have been harping on the threat of ransomware for some time now, it looks like this type of malicious attack will not be diminishing anytime soon. In fact, the threat has never been more severe than it is today. Even though most attacks are directed at hospitals right now, these attacks serve as a prototype that will help shape the future of malware.

Ransomware Is Still in The Early Stages

One thing is certain: ransomware developers are working hard to stay one step ahead of security researchers these days. Albeit the number of infections that can be decrypted free of charge is on the rise, so are the different number of malware variants. In fact, we covered a lot of different variants in the past on this website, yet new versions keep popping up now and then.

As some people may have expected, ransomware is doing a lot of damage in the consumer field. But enterprises are being hit by these attacks as well, even though they have plenty of countermeasures. Hospitals are the primary target for malware attacks right now, though, with nearly nine in ten attempts targeting the healthcare industry.



But that is not even the most worrying part, as ransomware keeps evolving. Granted, there are some types which are far more bark bite, which is something to be incredibly thankful for. But some of the older variants, such as CryptoWall, is still doing a lot of damage today despite being in existence for several years.

Related Post

Some security experts feel the current ransomware trend is only the first step along the way, though. In fact, it is not unlikely these are all just probing efforts to test computer security and how it can be exploited in a profitable manner. Now that internet criminals have a basic understanding of how they can take advantage of technological and human weaknesses, the next stage can begin.

How that future will look is anybody’s guess right now. But during the recent Black Hat conference in Las Vegas, Gunter Ollmann mentioned how these types of ransomware are only a template for the future of malware distribution.The battle ahead will be a very long one, and the war against malicious software is far from over.

Image credit 1

If you liked this article follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

Supreme Court Strikes Down Trump Emergency Tariffs In Landmark Ruling Limiting Executive Trade Powers

In a landmark decision that reshapes U.S. trade policy, the Supreme Court of the United…

15 hours ago

USDT Supply Decline Marks Biggest Contraction Since FTX Era

The global stablecoin market is entering a new phase of recalibration as the circulating supply…

15 hours ago

xStocks Surpasses $25 Billion Volume As Tokenized Equities Enter New Market Phase

The tokenized equities sector is accelerating rapidly, and xStocks has now crossed a defining milestone:…

2 days ago

Base Begins Transition To Native Tech Stack In Major Layer 2 Shift

Coinbase-incubated Layer 2 network Base is entering a new phase of its development, moving toward…

2 days ago

Zora Officially Launches Its Revolutionary “Attention Market” On Solana In A Bold Multichain Expansion

Zora has officially launched its new “attention market” on the Solana blockchain, marking a bold…

3 days ago

XRP Ledger Activates Permissioned DEX With XLS-81 As Institutional Trading Model Emerges

The XRP Ledger has introduced a new on-chain trading framework that signals a notable shift…

3 days ago