Ransomware: The Horrors

You may never have encountered any ransomware–yet–but there are millions of people–and businesses, out there that have. They will tell you what horrors the ransomware inflicted on them and how they were forced to part away with large sums of money and reputation. 

We can’t just sit around unprotected and hope that it will never get to us because the hackers are always on the look for their next victim. It is altogether more important for you to learn about it if you are a small business owner. So, let’s learn about the most common and dangerous ransomware examples around the world.

Most common ransomware examples:

Samsam Ransomware:

Samsam mainly relied on breaking in by cracking weak passwords. It caused great damage to the Healthcare systems and Governmental organizations. 

Bad Rabbit:

While the name may be a bit cute but the consequences are not. Hackers use malicious flash updates to install that malware on your computer and then start encrypting your files in the background. Before you realize what’s happening, it’s too late.

Fusob Ransomware:

This ransomware is usually spread through a fake video player for visiting adult websites. Once you install the video player on your smart device, it locks down your phone and demands a ransom.

Reveton:

This might come as the most fakingly believable ransomware. Cybercriminals pretend to be Government agents and notify you that you have been noticed for illegal activities happening on your devices. They will then ask for a fine (which obviously is the ransom)

WannaCry:

If you are someone who uses an old windows version or doesn’t like to update your operating version, this can cause you great damage. Basically, the hackers use this ransomware to inject malicious code into outdated versions of windows, where the malware keeps on encrypting files in the background. Once the files are locked, you won’t be able to use them unless you are willing to pay them the ransom.

Now that we know of some examples, let’s learn about the types of ransomware.

Types:

Let’s discuss some of the most common and widely used types of ransomware so you may be able to identify one if you ever come before one.

  1. Scareware: This acts by exposing you to fears. It might show you notifications stating that your device is at potential risk and you can only save yourself by installing a software (which is of course a malware) 
  2. Leakware: This is designed to destroy your reputation among the public if you are not willing to pay the money.
  3. Mobile ransomware: This locks down your smartphone and asks you money in order to unlock it.
  4. Encryption ransomware: This simply locks your file and doesn’t give you the key unless you are willing to part away with your money.
  5. Locker ransomware: This limits or blocks your access to your system, thus forcing you to pay money.

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