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What Is Ransomware?

 

Ransomware is a type of  VIRUS or MALICIOUS software. It takes a hold of victim’s data until the attacker is paid the ransom. Typically, the attacker demands payment in a form of cryptocurrency such as bitcoin. Only then will the attacker send a decryption key to release the victim’s data.

A number of ransomware variants have appeared in recent years.

How does ransomware work?

Ransomware is typically distributed through a few main avenues. These include email phishing, malvertising (malicious advertising), and exploit kits. After it is distributed, the ransomware encrypts selected files and notifies the victim of the REQUIRED PAYMENT.

Ever Heard Of WannaCry?

WannaCry is a ransomware worm that spread rapidly through across a number of computer networks in May of 2017. After infecting a Windows computer, it encrypts files on the PC’s hard drive, making them impossible for users to access, then demands a ransom payment in bitcoin in order to decrypt them.

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Types of ransomware

There are three main types of ransomware, ranging in severity from mildly off-putting to Cuban Missile Crisis dangerous. They are as follows:

  • Scareware

    Scareware, as it turns out, is not that scary. It includes rogue security software and tech support scams. You might receive a pop-up message claiming that malware was discovered and the only way to get rid of it is to pay up. If you do nothing, you’ll likely continue to be bombarded with pop-ups, but your files are essentially safe.

    A legitimate cybersecurity software program would not solicit customers in this way. If you don’t already have this company’s software on your computer, then they would not be monitoring you for ransomware infection. If you do have security software, you wouldn’t need to pay to have the infection removed—you’ve already paid for the software to do that very job.

  • Screen lockers

Upgrade to terror alert orange for these guys. When lock-screen ransomware gets on your computer, it means you’re frozen out of your PC entirely. Upon starting up your computer, a full-size window will appear, often accompanied by an official-looking FBI or US Department of Justice seal saying illegal activity has been detected on your computer and you must pay a fine. However, the FBI would not freeze you out of your computer or demand payment for illegal activity. If they suspected you of piracy, child pornography, or other cybercrimes, they would go through the appropriate legal channels.

  • Encrypting ransomware

This is the truly nasty stuff. These are the guys who snatch up your files and encrypt them, demanding payment in order to decrypt and redeliver. The reason why this type of ransomware is so dangerous is because once cybercriminals get ahold of your files, no security software or system restore can return them to you. Unless you pay the ransom—for the most part, they’re gone. And even if you do pay up, there’s no guarantee the cybercriminals will give you those files back.

 

 

 

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