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Firmware attacks, sophisticated ransomware and ID fraud - cybercrime predictions for 2021

By Ian Barker for BetaNews
Wednesday, December 23, 2020

2020 has seen cybercriminals step up their efforts to exploit the surge of people working from home, as well as seeking to exploit news and information about the pandemic.

Researchers at Immuniweb expect to see a surge in sophisticated ransomware, "Ransomware-as-a-Service (RaaS) will become readily available to anyone capable of buying Bitcoin or other digital currencies. Contrasted to countless money-losing startups, today's cybercrime scene is characterized by maturity, effective division of labor and high profitability: some groups develop sophisticated malware, others prepare large-scale attacks, or provide multilinguistic phone support for victims in order to facilitate payment of ransom in Bitcoin." Read Full Article


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