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Mohana Vamsi
Mohana Vamsi

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Ransomware: Pay or Fight Back?

Ransomware is a type of virus that not only prevents you or your system from accessing some or all of your files but also asks for a certain amount to reverse this change. It has evolved into a major [cyber threat] and affects every individual, enterprise, or government.

Example: The WannaCry locked over 200,000 computers in 150 countries in May this year. Hospitals, shipping companies and banks said their computers were paralyzed if they did not pay the demanded amount in Bitcoin. Some organisations paid while others ended up losing important information..

When it comes to ransomware the problem often becomes what to do when the ransom is demanded. Security analysts advise against that as it only fuels the activity of the attackers and doesn’t guarantee the files’ recovery. However, some strategies should be used as measures of preventing and addressing theọn.

Prevention Tips:

Always copy important data to the external medium or a safe cloud.
It is recommended to install antivirus with capabilities of battling ransomware.
Do not click on links or open the attachments in the emails that are coming from someone unknown to you.
Real-world case: Earlier this year, the ransomware attack on the Colonial Pipeline led to a fuel crisis across the United States. Controversial ransom payments: the company’s loss of $4.4 million to get back their files.

Tip: If your device becomes infected, it should be disconnected from the network to avoid further spreading and seek help from cyber specialists. Interior measures for ransomware are more effective than cure since it is always easier to prevent than to cure.

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