Banking Trojans and ransomware dominatedthe malware landscape while compromised business email gained speedaccording to Sunnyvale, Calif.-based security firm Proofpoint'sanalysis of first quarter 2016 threats and trends.

In Proofpoint's “Quarterly Threat Summary,” researchers alsorevealed ransomware vaulted into the top ranks of the most preferred malwareby cybercriminals. Nearly one-quarter of documentattachment-based email attacks in the first quarter featured thenew Locky ransomware.

“The massive email message volumes associated with Dridexbanking Trojan malware gave way to our discovery of the new Lockyransomware,” the report revealed.

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Roy Urrico

Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).