Nearly Half of Cloud-based Malware Is Used To Distribute Ransomware

The topic of malware and ransomware has been touched upon quite a few times in the past. Despite all of this attention, it remains one of the most potent threats in the world today. A new report by Netskope goes to show 43.7% of cloud malware is known to deliver ransomware. That is only the tip of the iceberg of bad news, though.

A New Condemning Report on Malware

Every time a new report on malware is released, people hold their breath. The amount of bad news generated by malicious software continues to grow, and there is no improvement in sight. In fact, things only seem to get worse as more time progresses. The new report by Netskope is rather worrisome for anyone who deals with software or cloud services these days.

Malware targeting cloud-based services is nothing new under the sun, as it has been around for quite some time now. However, it appears cloud malware continues to evolve, as more versions start to spread ransomware as well. These numbers have been steadily increasing over the past 18 months. A similar rise can be seen in the number of backdoors and Linux malware variants for Q2 2016.

Microsoft Office macros remain a popular way of distributing malicious software these days. But JavaScript exploits are still far too common as well. Linux Malware is the second most popular type of cloud malware in circulation right now. To make matters even worse, 80.3% of all of these threats carry a “high” security risk for users and enterprises.



Related Post

If that wasn’t enough reason for concern, over half of malware infected files hosted on cloud services are shared with others. In doing so, users unknowingly amplify the effect these malicious types of software have. Additionally, it increases the chances of exposure to ransomware, which is never a good thing.

All of this goes to show the increase in the number of cloud apps used by enterprises is positive and negative at the same time. The cloud infrastructure presents an inherent risk, and internet criminals are happy to exploit those opportunities. We can only hope the next report is less worrisome, albeit it is doubtful that will be the case.

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

Best Altcoins to Invest in Today: Qubetics Sets the Stage for Blockchain’s Future as Bitcoin Hits $108K and Litecoin Soars

The cryptocurrency world has always been a hotbed of innovation, attracting both seasoned investors and…

9 hours ago

Dogecoin Millionaire Predicts This Undervalued Altcoin Could Match DOGE’s 2021 Gains

Dogecoin's 2021 rally was a historic one, turning ordinary investors into overnight millionaires. This magnificent…

9 hours ago

Qubetics Presale Skyrockets to $7.5M as XRP and Arbitrum Lead Best Altcoins for Exponential Returns

The crypto market is always evolving, with big names like Bitcoin and Ethereum leading the…

10 hours ago

Over 300K Users Actively Mine Crypto On BlockDAG’s X1 Miner App While BNB Bulls Eye $3K; What’s XRP’s Price Target?

The crypto market is ablaze with excitement as altcoins like XRP and BNB make major…

10 hours ago

Best Crypto Presale To Buy Now: Rollblock Delivers For Holders With New License, Record Sign Ups and 7000+ Games

Rollblock is quickly becoming the best crypto presale to buy, delivering unmatched value for its…

14 hours ago

Polkadot And Uniswap Gearing For Post-Christmas Jump As Rollblock Raises $7.4 Million in Presale

While Rollblock's continues its crypto presale, with its value increasing regularly, Polkadot (DOT) and Uniswap…

15 hours ago