PhishMe April Cybercrime Alert: Ransomware Attacks Expected to Increase

Cybersecurity Experts, Former Federal Law Enforcement Professionals Say Cryptocurrency, Digital Data and Vulnerable Employees May Fuel Largest Crimewave in Modern History

LEESBURG, Va. – March 31, 2016 – PhishMe Inc., the leading provider of human phishing defense solutions, today released its April Cybercrime Alert, warning all organizations that its threat researchers expect ransomware attacks to increase as cybercriminals become increasingly aware that:

  • Ransomware is readily-available and changes faster than detection technologies can respond
  • In most cases, paying the ransom is the only way to free hostage data and systems
  • Recent successful ransom situations will only encourage more attempts
  • Cryptocurrencies such as Bitcoin can be used to force untraceable ransom payments
  • Humans are widely susceptible to phishing, the most commonly used ransomware attack vector

Tax Time is Phishing Time: Here’s How to Help!

Important disclaimer: THE IRS DOES NOT INITIATE CONTACT WITH TAXPAYERS BY EMAIL, TEXT MESSAGE, OR SOCIAL MEDIA CHANNELS TO REQUEST PERSONAL OR FINANCIAL INFORMATION. (See: https://www.irs.gov/uac/Report-Phishing )

The IRS has a very active security team, currently part of the U.S. Treasury Inspector General for Tax Administration (TIGTA), that is responsible for fighting phishing and tracking down the criminals who prey on U.S. tax payers.  If you believe you have received a Phishing email, please help them by reporting the email you received to phishing@irs.gov.  Additionally, please also consider sending a copy to our team.  PhishMe Brand Intelligence automatically processes any URLs found in emails sent to Report@phishIQ.com (not just IRS phish – we love gathering global intelligence on all phish).