While we were discussing the evolution of ransomware in this section, we also talked how the prevalence of the internet of things will be accompanied by increased cryptovirological activity and subsequent overwork for ransomware removal professionals. Now, it looks like the security businesses have also sensed the growing threat of ransomware.
In the latest development, ERM Advanced Telematics, an Israel-based company that deals in electronics have announced a hardware-integrated software application that can protect connected cars from ransomware and other cyber threats. As of now, cryptovirological attackers are only focused on attacking computer and handheld devices, and asking for extortion money for ransomware removal for the restoration of the system. But it is inevitable that smart homes and cars are the reality of near future and organized cybercriminals are also well aware of this fact.
Connected Cars: A Bright Prospect for Ransomware Operators
Various cybersecurity researchers with a keen eye on the evolution of ransomware suggest that smart vehicles will become the first casualty of cryptovirological activity. The operators can take control of the electronic and digital systems of a connected car through encryption in order to lock it down. They will then ask for ransomware removal money to give back the control of the car to its owner.
The Anti- Ransomware Tool Will be Available by the End of This Year
According to the press release issued by ERM, they are going to launch this anti-ransomware tool in the last quarter of 2018 in more than 60 countries in collaboration with their several international partners. The device is named ‘eCyber’ that would be installed in between the vehicle’ control area network bus and external communication device to detect any anomaly in the relay of information.
The company is hoping that with the help of eCyber people can deter ransomware attacks on their vehicles and save themselves from ransomware removal expenses. It is encouraging to see that automotive industry is really aware of the importance of cybersecurity for future cars. According to one survey, over 80 percent managers of the automotive sector say that they would invest more in cyber protection in next three to five years.