Ransomware

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Ransomware is a type of malicious software (malware) used for cybercrime which attempts to prevent user access to something they value, usually digital information on their computer. It will then demand that a ransom be paid so that the user can regain access.[1] In most cases, ransomware will encrypt all of the information on a computer's writable drives, and change the bootloader so that when the computer is started, the malware is launched. It wiser of the demands, and explain how the ransom can be paid.[2] Once paid, the ransomware publisher will hopefully will hopefully send the user a decryption key, which can be entered to decrypt the drive(s).[3]

Evolution

Before improving in 2013, ransomware started out an a method of attack against corporations.[4] The ransom would be very high, since the company targeted would have significant assets. To resume necessary business processes, the corporation may be willing to pay the exorbitant fee.[5][6] However, modern ransomware now usually charges much less, but is carried by a worm, virus, or trojan so that it can infect many computers worldwide.[7] Although most individual users have no way of paying $100,000, they may be willing to pay $500 to recover their photographs, documents, or other files which are locked on their computer.[8]

Examples

Theses are some of the better known examples of ransomware.

References