Hackers are using developing countries for ransomware practice

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Cyber attackers are experimenting with their latest ransomware on businesses in Africa, Asia, and South America before targeting richer countries that have more sophisticated security methods.

Hackers have adopted a strategy" of infiltrating systems in the developing world before moving to higher-value targets such as in North America and Europe, according to a report published on Wednesday by cyber security firm Performanta.

Adversaries are using developing countries as a platform where they can test their malicious programs before the more resourceful countries are targeted," the company told Banking Risk and Regulation, a service from FT Specialist.

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