Ransomware demands are working, fueling an increase in attacks

By June 1, 2016Bitcoin Business

Emboldened by the wave of successful ransomware attacks in early 2016, more cybercriminals are rushing to take advantage of this lucrative crime spree .

Networking company Infoblox’s quarterly threat index shows cybercriminals have been busy in the first quarter of 2016 creating new domains and subdomains and hijacking legitimate ones to build up their ransomware operations. [ Roger Grimes’ free and almost foolproof way to check for malware . | Discover how to secure your systems with InfoWorld’s Security newsletter . ] The number of domains serving up ransomware increased 35-fold in the first three months of 2016 compared to the end of 2015, according to the latest Infoblox DNS Threat Index. The index doesn’t measure actual attack volumes but observes malicious infrastructure — the domains used in individual campaigns. Criminals are constantly creating new domains and subdomains to stay ahead of blacklists and other security filters. The fact that the attack infrastructure for ransomware is growing is a good indicator that more cybercriminals are shifting their energies to these operations.

"There is an old adage that success begets success, and it seems to apply to malware as in any other corner of life," Infoblox researchers wrote in the report.

The threat index hit an all-time high of 137 in the first quarter of 2016, compared to 128 in fourth quarter 2015. While there was a lot of activity creating infrastructure for all types of attacks, including malware, exploit kits, phishing, distributed denial-of-service, and data exfiltration, the explosion of ransomware-specific domains helped propel the overall threat index higher, Infoblox said in its report. Ransomware-related domains, which include those hosting the actual download and those that act as command-and-control servers for infected machines, accounted for 60 percent of the entire malware category.

"Again in simple terms: Ransomware is working," the report said.

Instead of targeting […]

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