MW AREOV ER NTT Security’s latest Global Threat Intelligence Report, for


instance, found ‘compelling evidence’ that ransomware attacks ‘are still on the rise’. Ransomware volumes for 2018 were up 350%, the report fi nds, rising from less than 1% of global malware in 2016, to nearly 7%. Across Europe, ransomware was the leading malware manifestation at 29% of the total threat spectrum, NTT Security found, being focused mainly on business and professional services, and healthcare industry sectors. Not only are there more attacks, the average ransom cost is on the


up: Coveware’s latest Ransomware Marketplace Report says that the average ransom demand increased by about 10% per quarter during 2018 (to a high of €5,975/£5,160 approx. The same report also names the average number of days a ransomware incident lasts at 6.2, and


average fi nancial cost of ransomware incident-related downtime as €48,727 (£42,085)


approx. Estimates here


vary by source: SentinelOne reckons that globally, ransomware costs individual businesses an average of €684,651 (£591,238) approx. per annum. Sophos, meanwhile, sets the median total cost of a ransomware attack at €118,054 (£101,962) approx. – this extends beyond any ransom demanded and includes downtime, manpower, device cost, network


The tool was developed by the Romanian Police working in close collaboration with internet security company Bitdefender and Europol,


together with the support of law enforcement authorities from Austria, Belgium, Cyprus, France, Germany, Italy, the Netherlands, the UK, Canada and the US FBI. More info: nomoreransom.org


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