Cyber-attacks cost billions of dollars every year around the world. And the cost keeps rising. And ransomware is one of the most dangerous threat worlds is facing every year.
Ransomeware is like digital stealing but in this, the thief does not take your stuff forever he asks you to pay him to get your stuff back.
With ever-changing digital world information or data is the most valuable asset any company can have. In today’s world having data is like having a set of remote controls through which you can get to any person or any place.
And ransomware targets that precious asset of the company. And ask money to get it back.
So ransomware is a computer code or a program which is design in a such a way that it can enter into a system without the acknowledgment of systems owner and then encrypt the data in the system or make its way to the administrator’s system and encrypt the data in that whole system.
As your data is encrypted you cannot perform any task you needed on it. And also if your data is precious then there is the risk of your data being exposed to others.
And this ransomware attack happens and is carried out by hackers everywhere. And generally, the target is companies. Most companies depend on the data they have available. So if that data gets encrypted their whole function can come to halt.