Ransomware 3.0 strikes on the rise

Thailand recorded the second-highest number of targeted ransomware attacks in Southeast Asia and hackers are expected to increase their extortion and inflict greater damage on financial and reputational victims with Ransomware 3.0, says Russia-based cybersecurity firm Kaspersky.

“Thailand was No.2 in terms of ransomware incidents blocked by Kaspersky in Southeast Asia. Businesses should be more vigilant against this threat,” said Benjamas Chuthapiphat, territory manager for Thailand at Kaspersky.

According to the company’s data, a total of 304,904 ransomware attacks against businesses in the region were blocked by Kaspersky’s business solutions last year.

Indonesia recorded the highest number of incidents with 131,779 attacks, followed by Thailand at 82,438 and Vietnam at…