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The ugly truth about ransomware & how to fight back

The ugly truth about ransomware & how to fight back

22 August 2020

With the Internet, the number of cyber threats has risen over the years. There are many types of malware and viruses that can do damage to your computer and data, but today we will talk about ransomware.

What is ransomware?

The cybersecurity community often talks about hacking attacks and potential loss of data, information, or systems. The one thing they have neglected to point out is that ransomware is just a computer virus. It's important to point out that it exists in many forms and its methods keep changing.

This virus can block someone's access to a device and attackers will demand ransom before giving back the access.

Some attackers even go a step further and plant incriminating evidence on the victim's device in order to stop them from involving the authorities. The main goal of these attackers is to extort money from victims by demanding ransom payments in return for a decryption key. With the rise of cryptocurrencies, attackers are now able to receive untraceable payments and continue to cause harm to computers around the world anonymously.

Unfortunately, paying the attackers doesn't mean that the victims' access will be restored. Victims may pay and loose their money as well as all data and confidential information on their devices.

Who can become a target?

It's simple: everyone can become a target, including individuals, small or medium sized companies, huge corporations, and even government entities. Attackers are usually highly skilled as they deal with highly secured devices and systems. They are usually focused on servers where critical data is stored.

You can find yourself in a situation just like in WannaCry, the ransomware cryptoworm that infected numerous Windows computers and encrypted all the files. The attackers demanded ransom in Bitcoin cryptocurrency in order to decrypt the files. It was impossible for the victims to access their computers.

How to protect yourself from ransomware?

It's important to prevent and plan your cyber security strategy as well as having a secured backup. Unfortunately, most individuals and companies take these steps after they become victims of a cyber attack.

Also, it's crucial to have an antivirus software on all devices you are using. This software will prevent attackers to gain unauthorized access to a device and damage, disrupt, or destroy confidential data.

Having the best antivirus software will prevent, detect, and remove computer viruses and other malware. Paying for an antivirus software is cheaper than paying ransom. After all, it's better to be safe than sorry.

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