Europol: Ransomware largest threat in 2017 cybercrime ‘epidemic’

Europe’s international law enforcement agency said Wednesday ransomware outpaced all other forms of cybercrime in 2017, making it the most dangerous current online threat.

“The last year has been exceptional, given the size and the type and the range of the attacks that we’ve seen,” Europol director Rob Wainwright said as the agency unveiled its annual cybercrime report.

Wainwright cited the global cyberattack in May – dubbed “WannaCry” – that seriously hampered operations at government agencies and private companies in more than 60 countries.

He said the attack may have “taken the threat from cybercrime to another level.”

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