Ransomware: This new variant could be the next big malware threat to your business

From zdnet.com

A new form of ransomware is becoming increasingly prolific as cyber criminals turn to it as a preferred means of encrypting vulnerable networks in an effort to exploit bitcoin from victims.

Egregor ransomware first emerged in September but has already become notorious following several high-profile incidents, including attacks against bookseller Barnes & Noble, as well as video game companies Ubisoft and Crytek.

According to cybersecurity researchers at Digital Shadows, Egregor ransomware has already claimed at least 71 victims across 19 different industries around the world – and it’s likely the group behind it is only just getting started after meticulously planning their activities.

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