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What is Ransomware?

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Writer sasasak_AndyKim Hit 261 Hits Date 25-01-03 18:24
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What is Ransomware?
Ransomware is a type of malicious software (malware) designed to block access to a computer system, network, or data until a ransom is paid. It encrypts the victim's files, rendering them inaccessible, and typically displays a ransom note with payment instructions. Ransomware attacks are often motivated by financial gain and have become one of the most significant cyber threats globally.

How Ransomware Works
Infection:

Ransomware usually infects systems through phishing emails, malicious links, software vulnerabilities, or infected attachments.
Drive-by downloads from compromised websites can also install ransomware on a victim’s device.
Encryption:

Once installed, ransomware scans the system for files and encrypts them using advanced algorithms, such as RSA or AES.
Encrypted files are often given new extensions, making it clear they have been compromised.
Ransom Demand:

The ransomware displays a ransom note, typically demanding payment in cryptocurrencies like Bitcoin for anonymity.
The ransom note includes payment instructions and sometimes a deadline, threatening to delete files if payment is not made.
Decryption (Optional):

If the ransom is paid, attackers may (but not always) provide a decryption key to restore access to the files.
There is no guarantee that paying the ransom will result in recovering the data.
Types of Ransomware
Encrypting Ransomware:

Encrypts the victim's files, making them inaccessible.
Examples: WannaCry, CryptoLocker, Ryuk.
Locker Ransomware:

Locks the victim out of their system entirely, preventing access to files or applications.
Example: Reveton.
Double Extortion Ransomware:

Not only encrypts files but also exfiltrates data. Threatens to publish sensitive information if the ransom is not paid.
Example: Maze.
Ransomware-as-a-Service (RaaS):

A model where cybercriminals rent ransomware tools to other attackers in exchange for a share of the ransom profits.
Notable Ransomware Attacks
WannaCry (2017):

Exploited a Windows vulnerability to infect over 200,000 systems in 150 countries.
Demanded payment in Bitcoin, causing massive disruptions to businesses and healthcare services.
Ryuk:

Targeted large organizations and government entities, demanding high ransoms.
Known for focusing on high-value targets.
Colonial Pipeline Attack (2021):

Shut down one of the largest fuel pipelines in the U.S., causing fuel shortages.
Perpetrated by the DarkSide ransomware group.
Preventing Ransomware Attacks
Regular Backups:

Frequently back up important data and store it offline or in a secure cloud service.
Use Antivirus and Anti-Malware Software:

Keep security software updated to detect and block ransomware.
Patch and Update Software:

Regularly update operating systems, applications, and firmware to address vulnerabilities.
Educate Employees:

Train employees to recognize phishing emails and avoid clicking on suspicious links or attachments.
Enable Multi-Factor Authentication (MFA):

Add an extra layer of security to prevent unauthorized access.
Restrict User Permissions:

Limit user privileges to reduce the impact of ransomware spreading through the network.
Network Segmentation:

Divide the network into isolated segments to contain potential infections.
What to Do If Infected
Disconnect from the Network:

Immediately isolate the infected system to prevent the ransomware from spreading.
Report the Incident:

Inform your organization’s IT team and report the attack to local cybersecurity authorities.
Do Not Pay the Ransom (If Possible):

Paying the ransom encourages cybercriminals and does not guarantee data recovery.
Restore from Backups:

Use clean backups to restore your data if they are available.
Consult Cybersecurity Experts:

Engage professional incident response teams to assess and mitigate the damage.

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