FinTech Startup Says Law Enforcement Is Ramping Up Ransomware Arrests

Chainalysis has stated that ransomware arrests will soon take place targeting cyber criminals behind ransomware attacks.
Rise of Ransomware Attacks Over the past six months, ransomware attacks have become an issue to government, business and healthcare organizations.
In January, CCN reported that three banks and a pharmaceutical company in India had been targeted by a ransomware scheme with the ransom demand in bitcoins.
Three Greek banks were reported hacked last November with the hackers demanding their ransom be paid in bitcoins. While the individuals in question were unable to gain access to confidential client data, they did manage to block the banks activities online for a few hours.
According to research conducted by an Osterman Research survey, 54 percent of the businesses questioned stated that they had come under ransomware attack over the last 12 months. Of the 540 companies surveyed the most targeted included the finance and healthcare industries.

This post was published at Crypto Coins News on 19/08/2016.