#IMOS19 - The Death of Ransomware: Long Live Other Malware

Ransomware attacks are on the decline. Despite the devastation caused by recent ransomware outbreaks, a lack of public understanding about how to use cryptocurrency means that a lot of victims don’t know how to pay a ransom, whilst others are simply refusing to in greater numbers. As a result, cyber-criminals are struggling to get a monetary return for their time and efforts spent on ransomware, and so are turning to other attacks methods, such as banking trojans, to make their money. This session will explore: •Why ransomware is dying out as an attack method •How ransomware is now being replaced with alternative malware, both old and new •How banking trojans are making a comeback as a result