Source: Arabian Industry
04 Jan 2018

Trend Micro has warned that ransomware will continue to be the leading cybersecurity threat in 2018, following a sharp rise in ransom malware last year.

The security company said that there is need for more security planning and employee education and awareness around ransomware as threats continue to rise.

Ransomware tops Trend’s list of security predictions for 2018, followed by business email compromise. The company said that BEC attacks currently represent one of the most pressing threats for enterprises, with employees from across the business being targeted with sophisticated, legitimate-looking emails. The FBI reported that BEC scams have cost companies $5.3 billion and losses are expected to increase as BEC schemes continue to be leveraged by attackers.

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