The problem of ransomware is on the increase in several countries. Some ransomware creators portray themselves as service providers offering technical support and discounts to their “customers”, i.e., the “victims.” The low risk, high reward incentive involved with ransomware has opened the floodgates for criminal pioneers to evolve financially motivated heists.
The ransomware is a product where the cyber-criminals seek to create a reliable source of direct income from victims worldwide. The high value and the dependency on the information have motivated cyber-criminals to exploit it for their own economic benefit. It essentially kidnaps the information viz, data files, photos and videos and extorts money from the vulnerable, technology dependent innocent users and organisations. Ransomware is a piece of malware that denies access to a victim’s computer or device or encrypts most important files, and holds them hostage until a payment is made to the cyber-criminal. Such crimes have evolved over the years and are now prevalent in the cyber world and known as ‘ransomware’. Ransom or money is extorted using force or threats. When someone is abducted or kidnapped against his will and held captive unlawfully, this is typically to obtain a ransom or is part of an extortion scheme. Ransomware, kidnapping your information, from files to photos View(s):