All You Need to Know About the Ransomware Global Cyber Attack.Ransomware

By First Posted: May 16, 2017 Tue 7:23 PM
All You Need to Know About the Ransomware Global Cyber Attack.Ransomware
Image Credit: wennermedia

I hope everyone is already aware of the ransomware global cyber attack that is already made headlines all over the globe. With ransomware cyber attack coming into the picture it is becoming difficult to maintain privacy and store data from any malware.

As news persists in spreading of WannaCry, the ferocious sprain of malware that has already affected 200,000 computers in over more than 150 countries since Friday is now a big threat to people around the globe.

WannaCry is a form of Ransomware that locks your system and demand for money in exchange of your data. Ransomware is a program that gets access to your computer, either by clicking on the wrong file or copying the wrong data and then it holds something you need to pay for. As the name suggests, Ransomware is the virus in effect holds the contaminated computer detainee and demands that the victim pays a ransom in order to regain access to the files on his or her computer.

RansomWare like WannaCry performs its act by encrypting most of the files on a user’s system. Then, the software forces that a ransom is paid in order to have the files decrypted. In the case of WannaCry, the software demands that the victim pays a ransom of $300 in bitcoins at the time of its initiation. If the user doesn’t pay the ransom without three days, the amount doubles to $600. After seven days without payment, WannaCry will remove or delete all of the encrypted files and all data will be lost.

At this moment of time, we do not have any program on how to tackle this malware.Antivirus companies and cyber security groups are working hard to find a proper cure to this particular malware. Please be careful before clicking any link and keep backups of all the data you have available at this moment of time.

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