Cyber criminals are cashing in and it’s big business.
Ransomware is a hot topic following the recent attack which caused massive upset to several major businesses and organisations such as the NHS.
Just like the common cold, Ransomware and Malware come in many strains - or ‘families’ as they are known in the IT industry.
Since the first outbreak in 2012, there have been more than 249 different families discovered.
The cyber criminals who released and caused the spread of the WannaCry ransomware variant across 150 countries have been reported to have been requiring £230 per computer to unlock and decrypt files so data could be used again.
However, they don’t just ask for this ransom to be sent to their bank account - they ask for this fee in digital currency or crypto currency such as BitCoin or Etherium.
Legitimate currencies like BitCoin have a hidden talent because it can be used anonymously, meaning money can be transferred all over the world without the usual banking paper trail.
Since the WannaCry outbreak there has been a new more competent strain released but this time it came from the Petya family, which should have you worried.
The Petya crypto-ransomware has extra built-in capabilities that allow it not only infect a machine but then it will look on your computer network to find other computers that it can infect before rebooting your system. When it restarts the computer it will not only encrypt your data files but encrypt part of your Windows system meaning it’s unusable, then it will display a message asking for a ransom.
These devastating pieces of software are usually spread via email containing a link which the user will need to click thus infecting the computer.
Thankfully, there is good news – you can protect yourself against these ransomware families.
In our experience, the best way to do this is by adhering to these 7steps:
For more advice about ransomware or IT security, please call 0330 120 0606 – and arrange a free IT systems review.