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Cybercriminals are quickly trading malware for ransomware and may soon make a big push into hacking wearables and other Internet of Things devices, according to an annual threat report from Santa Clara, Calif.-based network security company SonicWall.

Using data from the daily feeds of more than a million security sensors in about 200 countries and territories, the report indicates point-of-sale malware creation dropped by 93% from 2014 to 2016. However, the use of ransomware — software that restricts access to a computer or device until a ransom is paid — was 167 times higher in 2016 than in 2015.

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Tina Orem


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