Monday, 15 February 2016

Ransomware – A growing Menace in Today's world

Ransomware – A growing Menace

Ransomeware is a very common term that we come across these days. Ransomware is a type of malware that encrypts your files or locks up your desktop. It might also restrict your access to computer or disable input devices. It can take a picture of you through the webcam and blackmail you to pay huge money to keep your files secure. This type of malware forces its victim to pay a ransom to the attacker in order to get back access to their system. There are some forms of ransomware that systematically encrypt files on the system’s hard drive and the use of these has grown internationally. Ransomware usually propagates as a Trojan which is disguised as a legitimate file.

Different Types of Ransomware
There are different types of ransomware. It depends on how severely they affect your computer. Some kinds of ransoware simply block users from accessing the system by locking their screen. Another kind of ransomware terminates the applications from working. The most common type of ransomware, encrypts users personal files such as their documents and pictures, preventing the access to these, until a ransom is paid in exchange for the decryption. This type of ransomware is famous with the name of Cryptolocker.

How Ransomware gets onto your System
One way ransomware can arrive on your computer is through opening attachments in spam emails. These attachments may look normal mails but when you open them your computer will get infected with malware. Another way through which ransomware can target your computer is by opening certain infected websites. These can be fake websites set up by the hackers themselves or legitimate websites that have been compromised in order to spread malware.The content of these emails and websites usually claims that the user has won a prize, free download, movie unlimited and so on. The user often gets tempted by these attractive offers and clicks on the provided links and easily downloads a malware on their system.
Ransomware – Target for Mobile Devices

Ransomware is becoming very common in mobile devices these days. There are plenty of threats that can lock your smartphone or tablet and can even encrypt files stored on these devices, blackmailing you to pay a huge ransom.  In order to protect your phone from being targeted, avoid downloading apps from unfamiliar sites and install only from trusted sources. You are also advised to install a security app, in order to protect your device and data.
How is it beneficial for the hacker?

Attackers force the user to pay a ransom if the victim wants to recover the infected files from his computer.  There is no fixed amount for the ransom. It can go from a few dollars to hundreds of dollars. Attackers look for untraceable methods to be paid. Recently, bitcoin is being used as a ransom currency, as it happened with CTB Locker, which demanded 8 bitcoins in exchange for the decryption key to recover the files that were encrypted. It is also important to note, that in many cases paying the ransom does not guarantee the recovery of files or the access to the system.

How to stay safe from Ransomware?
Make sure you do not open files that are downloaded from untrusted sites. Keep updating your system on a regular basis. Make sure you have an antivirus installed on your PC and you keep it up to date.  It is also very important to verify the email address and take extra caution when opening emails containing attachments or links. Even if the mail is send by a person you know make sure to check it and take some immediate action.
Another important thing that you need to take care of is when you are using a USB drive in your computer, remember to perform a virus scan.
It is also recommended to make backups of your system, important files and folders in order to minimize the loss in case of a virus attack or system crash.

Conclusion

Thus, we can end up by saying that ransomware is a very common malware which can block the access to your computer or files. Backing up of your files and folders can help to minimise the impact in case of an attack. Being cautious while opening email attachments from untrusted sources and having an updated antivirus software can help you prevent from becoming a targeted victim.

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