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Weekly Roundup / 4.13.17

Cyber Weekly Roundup – April 13, 2017

In the news this week – zero-day exploits, the cyber risks of driverless cars, and one major spammer arrested.






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In the previous parts of this series, we explored the concepts underlying ransomware as well as some of the tactics and variations on basic ransom-based malware. Here in part IV, we will explore what makes ransomware an appealing enterprise for cybercriminals; as the title of part III indicates, the ransomware industry is booming.











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Once considered the domain of nation-state intelligence agencies, tech-savvy teenagers with too much time on their hands, and miscreants devoted to chaos and disorder, the development and deployment of malware has matured into a profitable business model – last year the cost of ransomware was estimated at $1 billion and a report sponsored by Malwarebytes estimated that more than 40% of those affected paid ransom demands.











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