Ransomware attacks grew less common in both 2018 and thus far in 2019 when compared to 2017. Unfortunately, recent events have made it more likely that this trend will reverse in the near future. Why is that? Simple: some municipalities have set a precedent of paying up.
Ransomware has now been a major threat to businesses and other organizations for a couple of years, and 2018 is no different. For those who don’t know, ransomware is a form of malicious software (malware) that threatens the elimination of hijacked and encrypted data if a user doesn’t pay a ransom. It is known to be one of the most prolific and pervasive threats seen on the Internet today. We will take a look at how ransomware has evolved over the past several years, what the future of ransomware looks like, and what you can do to protect yourself against it.
The variety of malware known as ransomware exploded in popularity in 2016, encrypting victims’ files and demanding cryptocurrency payments to restore the data to the estimated tune of $1 billion. This may seem to suggest that large corporations and companies are the primary targets of these cyber criminals--and for some, they are.
The Petya ransomware, a particularly vicious threat, has reared its ugly head once again; only this time, it’s not alone. Petya now comes bundled together with Mischa, another ransomware that works well alongside Petya. The ransomware is delivered via an inconspicuous email disguised as a job application, with a resume attached. Once the user downloads the file, Petya encrypts the files on the device.
Ransomware is such a popular method of attack used by hackers that new variants of it pop up every few months. Among these is Petya, a nasty new ransomware that masquerades as an unsolicited resume in an organization’s email inbox. Don’t be fooled, though; the only work these hackers are looking for is to work you out of a couple hundred dollars.
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