Ransomware is a type of malware that we are all familiar with. You definitely have come across ransomware stories in which businesses’ operations are brought to a halt or, worse, forced to shut down as a result of an attack.However, these attacks happen all too often, causing immense frustration and leaving affected businesses in difficult circumstances with limited options.

Ransomware is a type of malicious software or you can say a malware which intentionally restricts access to computer systems or the data stored within until a ransom like money or crypto currencies are paid or specific conditions are met.This type of malware is frequently used by cybercriminals, who often target specific people who are capable of providing substantial ransom payments.

Here are some of the common ransomware examples include:

• Screen lock – Lock screen: In this attack, users will see a full screen message that blocks their access to important data.
• Encryption ransomware: Also called crypto-malware, is malicious software that alters files in a way that prevents users from accessing them.
• RaaS: it’s a type of malware where an anonymous hacker takes charge of distributing the ransomware, collecting payments, and managing decryptors in exchange for a ransom
• Scareware: Scareware is a type of ransomware that disguises itself as antivirus software. It shows users a sudden pop-up message, claiming that their files are in danger and demanding payment to resolve the supposed issue.

How The Ransom Attack Happens?

Ransom attacks happen in various ways, which is hard to predict like how exactly they occur.Here are some of the ways a ransom attack can happen.

• Scan emails: Cybercriminals oftenly send phishing emails. When clicked, it encrypts important files on the victim’s computer or network, demanding a ransom for the restoration of access.
• Server vulnerability: Cyber attackers take advantage of weaknesses in servers. Once they breach the system, they unleash ransomware or other malicious software, encrypting files or compromising valuable d
• Infected sites: Unsuspecting visitors to legitimate websites can fall victim to cybercriminals who exploit weaknesses in the site’s content management systems, plugins, or other elemen
• Online ads: Beware of malvertisements! Clicking on sneaky ads can unwittingly result in the download of ransomware onto your devices.

• Ensure that your software is up to date. Update your security programs as and when required.
• Keep a backup of your system on an external hard drive that is stored offline and is only accessible to your trusted team.
• Employing numerous security tools, such as a firewall, anti-malware software, spam filters, antivirus software, and cloud data loss prevention.
• You will significantly increase the most crucial level of defense within your organization by teaching your staff about ransomware.

What To Do When You’re Attacked?

Remember to follow the simple steps listed below if you’re attacked:

• Remove the compromised devices or systems from your network immediately.
• Take a snapshot of the ransomware message on your screen right away using your smartphone or a camera. Take an image of the afflicted device as well if possible.
• As quickly as feasible, isolate the compromised systems. Typically, ransomware monitors the target network and spreads laterally to additional computers.
• Utilize the backed-up data to keep your business activities running.
• After disconnecting the compromised PCs from the network, change all online and account passwords.
• Only pay for ransomware if all other avenues have been tried and the loss of data is more devastating to you or your organization than paying the ransom.

Final Words

While the basic idea is simple, ransomware is implacable and destructive. However, with due attention and superior safety measures, you may prevent these malicious attacks from causing major damage.