Ransomware

Ransomware is a class of malware which restricts access to the computer system that it infects, and demands a ransom paid to the creator of the malware in order for the restriction to be removed. Some forms of ransomware encrypt files on the system’s hard drive, while some may simply lock the system and display messages intended to coax the user into paying. Modern ransomware attacks were initially popular within Russia, but in recent years there have been an increasing number of ransomware attacks targeted towards other countries, such as Australia, Germany, and the United States among others. The first known ransomware was the 1989 “PC Cyborg” trojan written by Joseph Popp. Ransomware typically propagates like a conventional computer worm, entering a system through, for example, a downloaded file or vulnerability in a network service. The program will then run a payload: such as one that will begin to encrypt personal files on the hard drive.

‘Akira’ Ransomware Attack

Created: July 24, 2023

In recent times, a dangerous Internet ransomware virus called Akira has been making headlines due to its malicious activities.  This sophisticated malware is designed to encrypt vital personal information and data on victims’ systems, rendering them inaccessible. Stealing Vital Personal ..

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Thales Data Threat Report 2023

Created: April 20, 2023

The Thales Data Threat Report 2023 is a comprehensive analysis of cybersecurity trends and threats. It has revealed some concerning findings about ransomware attacks and cloud data breaches in India and globally. The report highlights a significant increase in these ..

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AIIMS Ransomware Attack

Created: December 1, 2022

The All India Institute of Medical Sciences (AIIMS), Delhi announced IT outage on November 23 because of a major ransomware attack. The AIIMS servers have been down for more than six consecutive days. About the cyberattack The ransomware attack caused ..

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Sova virus in India

Created: September 17, 2022

CERT-In has given advisory on SOVA virus – a novel mobile banking “Trojan” virus that is currently targeting Indian customers. Key features Sova virus is capable of stealthily encrypting an android phone for ransom. It can add false overlays to ..

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Global Cybersecurity Outlook 2022

Created: January 20, 2022

The World Economic Forum recently published the Global Cyber security Outlook 2022. Key Findings In 2021, the ransom ware attacks have increased by 151%. Each organization faced 270 cyber-attacks on an average. A successful organization that breached cyber-attacks spent 3.6 ..

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The Global Risks Report 2022

Created: January 12, 2022

The World Economic Forum recently released the Global Risks Report 2022. Cybersecurity, pandemic, climate change and space advancements are the emerging risks to global economy. Key Findings The global economy is to shrink by 2.3% by 2024. However, in developing ..

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