Verizon’s Data Breach Investigations Report for 2017 shows big growth in the reported number of ransomware attacks and incidents involving cyberespionage.

A spam campaign has started spreading Sage ransomware, while a ransomware service known as Satan allows users to customize distribution.

Researchers claim to have found the largest ransomware-as-a-service (RaaS) ring to date. The operation generates an estimated $2.5 million annually and targets computer users with a new variant of the notorious Cerber ransomware. According to a research report published today by Check Point Software Technologies and IntSights, the RaaS ring consists of 161 active campaigns with...

Ransomware as a business is maturing and nowhere is that better illustrated than in Russia, according to Flashpoint researchers. The security firm released two reports on Thursday, one on a burgeoning ransomware-as-a-service business model (PDF) in Russia and the second on new developments in Russian ransomware kingpins targeting hospitals (PDF). Researchers conclude, the ransomware industry...