Profitable ransomware industry with a conscience

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Honour amongst thieves in the ransomware industryCyber security firm McAfee reports that ransomware attacks have increased by 128% over the past year, with one attacker netting $120m in just six months.

Despite these stats, the story has a heart-warming element. On underground forums some of the usually rather more unscrupulous hackers have condemned their peers for preying on hospitals. There seems to be a code of conduct of sorts which prohibits attacking healthcare facilities even if they’re in countries which are otherwise acceptable targets for cyber attacks.

Health care institutions have become popular and profitable targets due to their need for immediate access to patient information, allied to weak security in their systems. Legacy systems and less awareness among staff further compound the problem.

CFC’s cyber insurance for the healthcare industry was partly designed to specifically tackle these vulnerabilities. Find out more by emailing us at enquiries@cfcunderwriting.com

Read more at http://www.ibtimes.co.uk/one-ransomware-gang-raked-over-120m-just-6-months-says-mcafee-labs-threats-report-1581801

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