The FBI Received Over 2,600 Ransomware Complaints in 2016

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The FBI obtained greater than 2,600 complaints about ransomware final 12 months, in keeping with a brand new report.

Published yesterday, the annual assessment of cybersecurity threats from the legislation enforcement company’s Internet Crime Complaint Center (IC3) outlined a variety of statistics, together with the variety of submissions it obtained relating to ransomware.

Ransomware is a sort of malicious software program that encrypts an contaminated pc’s knowledge, demanding a fee – often in bitcoin – in return for the knowledge being unlocked.

According to the IC3’s report, 2,673 complaints had been submitted, with losses of over $2.4m reported throughout that interval. The quantity represents a small fraction of the 298,728 cybercrime-related complaints that IC3 mentioned it obtained general in 2016. All advised, losses in 2016 related to those actions constituted a reported $1.3bn.

The IC3 disclosure comes on the heels of a world ransomware assault, dubbed WannaCry, that impacted a whole bunch of 1000’s of computer systems owned by a bunch of organizations, together with the UK’s National Health Service.

The impression of that unfold continues to be being felt, in keeping with latest stories.

Reuters said yesterday that Japanese automaker Honda needed to briefly shut one in every of its manufacturing crops as a result of WannaCry was found on one in every of its networks.

FBI picture through Shutterstock

The chief in blockchain information, CoinDesk is an impartial media outlet that strives for the best journalistic requirements and abides by a strict set of editorial policies. Have breaking information or a narrative tip to ship to our journalists? Contact us at [email protected].

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