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Ransomware Will Soon Target Social Media Accounts and IoT Devices, According to Report

Ransomware Will Soon Target Social Media Accounts and IoT Devices, According to Report

Created: Thursday, December 6, 2018 - 17:01
Categories:
Cyber Security

Managed service provider (MSP) Datto has just published its annual report on trends in ransomware, which is based on data it received from 2,400 IT professionals from around the world. Among other findings, the report notes that whereas 89% of MSPs are “highly concerned” about ransomware, just 36% of small and medium-sized businesses feel the same. Additionally, a majority of MSPs predict ransomware will move beyond targeting just PCs and servers and that it will soon be used to encrypt social media accounts and Internet of Things (IoT) devices. Datto also notes how difficult it can be to prevent ransomware, as 86% of victims had antivirus software and 65% had email and spam filters. Datto observes that these last set of numbers demonstrate the importance of businesses implementing a wide variety of cybersecurity measures rather than depending on one or a few. Cylance.