What is Ransomware Virus?

21 Oct, 2022 291 Views
1 Star2 Stars3 Stars4 Stars5 Stars (1 votes, average: 5.00 out of 5)
Loading...

 

Ransomware Virus is a serious threat to both individuals as well as businesses across the globe.

Imagine this situation: You switch ON your computer just like you do every day only to see your computer screen locked and your computer unable to boot up. A message demanding money or Bitcoin appears instead. It’s the moment that every computer user or smartphone user dreads- Ransomware virus!

Ransomware Definition

Ransomware is a type of or malware which restricts access to your computer or encrypts data stored on your computer for a ransom.

One typical example of ransomware is called ‘Ded Cryptor’ which locks your computer and files until you are forced to pay a ransom. The payment that it demands is two Bitcoins which costs several hundred dollars.

This form of cyber blackmail is one of the most dangerous forms of cyber attacks today and one that is spreading rapidly worldwide. The number of users infected with ransomware virus is growing rapidly, along with the continued increase in ransomware modifications-making it a constantly evolving threat.

Explained Most Common Forms of Ransomware

Two forms of ransomware virus that are the most widely used around the world are Locker and Crypto ransomware.

Locky Ransomware

Locky ransomware locks you out of basic computer functions, forcing you to pay a ransom to regain control of your computer.

Crypto Ransomware

Crypto ransomware encrypts private or confidential data like documents and important files; threating to destroy them unless you pay a ransom.

Major Ways By Which Ransomware Virus Infect A Computer

The three major ways ransomware infects your computer is through spam, spear phishing, and watering hole attacks.

Scareware tactics are also used to spread ransomware by creating fake software or messages purporting to be from a legitimate source. But demand that you pay a ransom to regain control of your computer.

As dangerous as ransomware is you are not helpless against it. It’s important to know how ransomware spreads and the defensive measure that you can take to stop it before it becomes a serious problem.

Tips to Prevent Ransomware Virus

Avoid phishing scam that spreads ransomware virus by not opening any suspicious emails or links, and also visiting any suspicious websites that may contain ransomware.

Know how to recognize scareware tactics by cybercriminals too. Be sure to back up your computer and always use up to date security software (antivirus) equipped with specific anti-ransomware technology.

Xcitium Advanced Endpoint Protection (AEP)

In recent times, ransomware attacks on corporate networks and devices are on the rise globally. Hackers are spreading new variants of powerful ransomware variants to infect endpoints. Not only have we seen an increase in ransomware attacks, but the level of sophistication in such attacks have also increased, as well.

For such scenarios, Xcitium Advanced Endpoint Protection (AEP) is the ideal solution as it provides complete protection against any malware attacks including ransomware attacks and zero-day attacks. All thanks to the built-in containment engine of Xcitium AEP, any unknown files including unknown malware gets automatically contained in a secure virtual environment.

As always, prevention is better than cure. If you have a good security solution and run frequent backups, you shouldn’t have any problems.

For more details about Xcitium Advanced Endpoint Protection, contact us at or +1 (888) 551-1531.

PROTECT YOUR ENDPOINTS FOR FREE

 

Related Resources

 

Endpoint Detection

Endpoint Detection and Response

Ransomware Detection Tool