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Svpeng Behind a Spike in Mobile Ransomware

27
Jun
2017

svpeng-behind-a-spike-in-mobile-ransomware

The sting of mobile ransomware grew more painful in 2017 with attacks increasing a whopping 3.5 times in the first quarter compared to the same time a year ago. Behind those attacks were a quarter million Trojan installation packages targeting Android devices that sought to extort between $100 to $500 from victims.

German smartphone users have been targeted the most, however United States users are rapidly becoming attractive targets, according to a report released Monday by Kaspersky Lab titled Ransomware in 2016-2017.

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