Real or Fake Facts About Biggest Cyber Attack Via Ransomware Virus

fiona November 6, 2018 No Comments

What Is Ransomware Virus?

Ransomware is a type of encrypting malware that encrypts data files and holds them for ransom. Ransoms typically range from hundreds to thousands of dollars. Cyber criminals made over $1billion dollars last year from businesses attacked by ransomware and since these cyber criminals have learned to monetize attacks; their frequency and severity of attacks will continue to grow exponentially.

SEE ALSO:: How to Keep Your Bank Account Safe from Hacking?

You should be aware that most ransomware attacks come in the form of an email attachment, in a video or a just visiting infected websites. You have to take extreme attentiveness when opening email attachments and new websites. Never open an attachment in an email you were not expecting to receive or that you do not recognize the sender. You should use the same caution when presented with URL’s that you do not recognize or came from an unknown sender.

With today’s advanced techniques of ransomware virus can attack on your computer by just visiting a website to become infected with ransomware. Let me make that clear after affecting your most of data will be encrypted and not accessible. So until any official announcement, DO NOT to click anything suspicious on the website that may be infected to your system and networks with data encrypting ransomware malware.

Cyber criminals are using an exploit kit to distribute the fastest spreading ransomware to-date. The ransomware being distributed is WanaCry 2.0 but is also referenced to as WanaCrypt0r, Wana Decryptor and WCry.

As of Monday evening around, $60,000 in ransom had been funded to the hackers behind the malware attack of “WannaCry”, which effected computers across the world wide. Payments have dropped in from around the world, counting quite big amount payments that from the Russian government or a multinational business.

In 2017 alone affected by Ransomware Virus

  • Ransomware emails spiked 6,000%
  • 40% of all spam email had ransomware
  • 59% of infections came from email
  • 92% of surveyed IT firms reported attacks on their clients

These numbers are scary but important for you to know. Please follow the best practices as outlined in this email to ensure you do your part to keep ransomware off your network.

Security experts have no clear idea of this virus spreading, some says it was spread through suspicious emails, saying that computers were vulnerable to the malware/virus regardless of how attentive users were. IT Experts are finding out crack of the virus and backed up their files which could be hit by the attacks and not accessible.

The attack mainly struck computers in Asia and Europe, mostly spreading North America. This ransome/WannaCry virus attacks on those computers which are using Microsoft Windows operating systems, after infection it locks individual machines. Affected users receive an electronic message demanding a ransom to be paid in the cryptocurrency or digital currency or electronic currency called Bitcoin to decrypt your data.

Categories : Virus & Malware