archiveransomware

The fiscal year 2016 has proven to be a year of online extortion through various malicious attacks. The ransomware malware has targeted over 180 enterprises so far in 2016, security solutions company Trend Micro has revealed. Ransomware, also called Business Email Compromise (BEC), globally caused companies a loss of a whopping $3 billion, the report said. However, no figure has been provided for losses in India. BEC schemes are scam tactics which compromise business accounts in order to facilitate an unauthorized fund transfer and is considered one of the most...

Quick Heal Technologies announced a 200 per cent increase in mobile ransomware detection in Q2 in its latest report. This amount is nearly 50 per cent of the ransomware detected in all four quarters of 2015 combined. At the same time, the report notes a slight decline in the detection count of Windows and Android malware. Through deployment of its Seqrite line of cloud-enabled IT security solutions for small to medium-size enterprises (SMEs) in North America and across global markets, Quick Heal is able to identify emerging threats that have the potential...

Endpoint security solutions company Trend Micro is actively looking for channel partners, specialized in the technology domain, such as Cloud, Mobility and Defence in India. The company, which is largely focused on its Enterprise and SMB business in the country, recently hired a distributor for its offerings in the SOHO segment. Talking to Channel Times, Nilesh Jain, Country Manager, (India and SAARC), Trend Micro said that the company is actively looking to work with channel partners who are specialized in specific technologies and industries. “Trend Micro has been the channel...

Trend Micro successfully concluded Cloudsec, an internet security conference in Asia Pacific and Europe in Mumbai on Thursday. Cloudsec gathered renowned experts and industry thought leaders from across the globe to empower organizations to “Take Control” in the battle against cybercrime, addressing prevailing trends in the cyber threat landscape and equipping organizations with actionable insights and technical know-how to improve information security and risk management. Big data, cloud computing, mobility and Internet of Things have met with unprecedented level of sophistication in cyber threats. Data breaches, ransomware and online extortion...

The government of India has taken a very serious note of the growing incidence of cyber attacks on various institutions in recent months. Union Minister of State for Home Affairs, Kiran Rijiju said that the government was taking several policy measures to curb cyber criminals and was ready to meet the threat. “At a time when cyber-attacks are growing and cyber criminals are targeting organizations, we must not compromise when it comes to security, Kiran Rijiju said on Friday on the occasion of inauguration of the ninth annual summit on...