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High-Tech Extortion Attacks Nearly Doubled In First Quarter, Report Says

Ron Burgundy

By Ron Burgundy,
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Ron Burgundy

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By Eric Auchard BERLIN (Reuters) - High-tech extortion schemes nearly doubled in the first three months of 2015, while attacks on Adobe Flash software used in streaming media and casual game sites quadrupled, a global report said on Tuesday. Intel Corp's McAfee Labs Threats Report for May found that ransomware surged 165 percent in the first quarter, rebounding from a slight dip earlier in 2014 when police agencies worldwide staged a coordinated crackdown to knock out a major ransomware network. Victims typically face extortion demands of anywhere from $150 to $500 to regain access to the encrypted files.

 

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