TNPSC Thervupettagam

Billion Dollar Losses from Ransomwares

July 16 , 2019 1840 days 727 0
  • According to data compiled by the Internet Society’s Online Trust Alliance, globally, losses from ransomware rose by 60% last year to $8 billion.
  • Two most destructive ransomwares in recent times were ‘WannaCry’ and ‘NotPetya’.
About
  • Ransomware is a kind of malware that denies access to important documents or files within a system.
  • The user is then asked for a ransom in return for decrypting the files or access to his system.
  • Ransomware spreads easily when it encounters outdated or cracked software.

Leave a Reply

Your Comment is awaiting moderation.

Your email address will not be published. Required fields are marked *

Categories