How hackers encrypt the data stored (Then demand a payment decryption key.) #Hackway
So big disclaimer this post -is in no way intended to promote cybercrimes all the tools that are shown in this video is open-source and not created for the sake of learning and understanding different aspects of cyber security.
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using any of these tools to attack an individual or organization without their consent is illegal and you will face some serious legal actions for the same because that would be considered a cybercrime so be responsible if you want to test any of these tools test them on yourself and not on others. I am not responsible for any of your actions so let's get started.
Ransomware Attacks
Cybercrime doesn’t discriminate. It hits businesses large and small. One of the most pervasive types of cybercrime today is ransomware.
it's a type of malware that infects a computer system and immediately encrypts the contents of a user's hard drive blocking their access until a sum of money is paid the attacker holds the user's system or data for ransom until the money is paid ransomware can prevent a business from operating by disrupting.
its computers and networks make critical files unavailable or even damage equipment and machinery used in manufacturing retail or healthcare operations ransomware spreads in many ways one way is for cybercriminals to place malicious ads on websites infecting unsuspecting visitors.
it can also be distributed by email or installed on vulnerable computers that have not been properly patched and updated once ransomware is installed users are confronted with a screen demanding some form of ransom often in a virtual currency like bitcoin this is one of the easiest ways for criminals to profit from a compromised computer having properly protected systems and cyber insurance can help protect yourself and your business.
What is Ransomware? How Does Ransomware Work?
You might find yourself in a hostage situation -- even within the comfort of your own home. Ransomware can remotely attack devices and data, and indirectly, the user who owns them. Watch to learn more about what ransomware is and how to protect against it.
Ransomware is a type of malware that locks the data on a victim's computer with encryption and demands payment for the imprisoned data to be released. Payment is usually demanded in virtual currency, such as Bitcoin, which protects the cybercriminal's identity. Ransomware kits on the deep web have even made it so almost anyone can carry out an attack.
Backing up computers and regularly updating software can help combat ransomware. Users should also avoid clicking links from suspicious emails. While there's no guarantee that ransomware can be removed from an already infected computer, a victim can attempt to restore their system from a backup stored on a separate disk or with an anti-malware program.
Protecting Your Small Business: Ransomware
In this animated story, two professionals discuss ransomware attacks and the impacts they can have on small businesses. Since ransomware is a common threat to small businesses, this video provides an example of how ransomware attacks can happen—along with how to stay prepared, get helpful information, and find support from NIST’s Small Business Cybersecurity Corner website.
Ransomware News: How Hackers Make You Pay
For many hackers, the most difficult step isn’t stealing the data but rather finding someone to sell it to. They may be able to take legal documents and family photos off your desktop easily enough, but who’s going to buy those files? Well, you are.
With ransomware, a form of malware that holds your computer data hostage, hackers are making you the customer.
The ransomware model has proven to be devastatingly efficient, especially when hackers target businesses. A study by IBM showed that 70 percent of businesses hit with ransomware ended up paying the ransom. Of those who paid, 50 percent paid more than $10,000 and 20 percent paid more than $40,000. About 40 percent of companies in the U.K. with over 250 employees have even started stockpiling bitcoin to prepare for a possible attack.
Declared a billion-dollar industry by the FBI in 2016, ransomware has continued to make waves with last month’s WannaCry attacks and this week’s hacks in Europe. Experts recommend backing up files and updating systems, but as long as people continue to pay their hackers, ransomware attacks aren’t likely to slow down.