93% of phishing emails are now ransomware

As of the end of March, 93 percent of all phishing emails contained encryption ransomware, according to a report released today by PhishMe.

That was up from 56 percent in December, and less than 10 percent every other month of last year.

And the number of phishing emails hit 6.3 million in the first quarter of this year, a 789 percent increase over the last quarter of 2015.

The anti-phishing vendor also counted the number of different variants of phishing emails that it saw. Ransomware accounted for 51 percent of all variants in March, up from just 29 percent in February and 15 percent in January.

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