ESET, the leading IT security vendor based in the European Union, is reporting a more than 50% increase in the detection of Android ransomware in 2016, historically the highest number of attempts to penetrate devices. ESET presents the latest annual data based on its LiveGrid® technology in the white paper “Trends in Android Ransomware”. Findings are released just ahead of Mobile World Congress taking place in Barcelona February 27 – March 2, 2017. ESET experts will be highlighting the topic at the Congress in Hall 5, booth B05.
“Altogether we saw an increase in Android malware detection by around 20%, with ransomware on this platform growing at ever faster rate. Even as ESET observed the largest spike in the first half of 2016, we are nowhere near saying that this threat will disappear anytime soon,” says ESET Chief Technology Officer Juraj Malcho, who will address this topic during MWC 2017.
Authors of lock-screen as well as file-encrypting “crypto-ransomware” types have used the past 12 months to copycat effective techniques from desktop malware. They have also developed their own sophisticated methods specialized for targets running Android devices.
In addition to the most prevalent scare tactics used by lock-screen “police ransomware”, cybercriminals have been putting increased effort into keeping a low profile, by encrypting and burying the malicious payload deeper into the infected apps.
In 2015, ESET observed that the focus of Android ransomware operators shifted from Eastern European to US mobile users. However, last year demonstrated a growing interest by the attackers in the Asian market. “Indeed it is fair to say that ransomware for Android has become a full-scale global threat,” adds Malcho.
To have a full read of the findings, the white paper “Trends in Android Ransomware” is available on the ESET news site WeLiveSecurity.com. For more on this topic during Mobile World Congress, check the special ESET website and visit us at the Congress in Barcelona.
For 30 years, ESET® has been developing industry-leading IT security software and services for businesses and consumers worldwide. With solutions ranging from endpoint and mobile security, to encryption and two-factor authentication, ESET’s high-performing, easy-to-use products give consumers and businesses the peace of mind to enjoy the full potential of their technology. ESET unobtrusively protects and monitors 24/7, updating defenses in real-time to keep users safe and businesses running without interruption. Evolving threats require an evolving IT security company. Backed by R&D centers worldwide, ESET becomes the first IT security company to earn 100 Virus Bulletin VB100 awards, identifying every single “in-the-wild” malware without interruption since 2003. For more information visit www.eset.com or follow us on LinkedIn, Facebook and Twitter.