Ransomware: The Dark Digital Extortion
Prosecution:
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Ransomware: A Costly Attack
Generally, every opportunity in technological advancement is a disadvantage that many do not see coming. Ransomware is a type of malware that encrypts the victim's data or device, denying them access until they pay a disclosed amount, generally in cryptocurrency. According to PurpleSec, the number of ransomware attacks worldwide had increased by 350% in 2018. Now, businesses need to be much more proactive to avoid those financial burdens caused by cyberattacks such as ransomware. More and more criminals are looking for ways to get a big payout.
Read MorePhishing: Even Small Fries Are At Risk
The digital space is an ever-evolving platform, making it harder for people and companies to keep up with the latest ways to keep their data safe. With the global pandemic changing the way people work and do business, came an increase in phishing emails. At the start of the pandemic between February and March 2020, phishing emails exploded at an increased rate of 667%. Phishing criminal attacks are targeted, researched, and well-thought-out, so they wasted no time taking advantage of the climate that COVID-19 created. Let us look at a theoretical case of a small business falling victim to a phishing attack and how they sought justice.
Read MorePhishing: Have You Been Hooked?
The digital landscape is growing at such a rapid pace that it is getting harder for the consumer to traverse this landscape safely and easier for cybercriminals to lay traps. Now, consumers must go through a checklist just to make sure that they are on the real website or got an email from a reputable source. Worldwide, there are 150 million phishing emails sent out daily, with 75 times the amount of phishing sites as there are malware sites alone.
Read MoreFrom Gaming To Hacked: Cryptojacking
Technology is advancing at an unprecedented rate, making it harder for people to identify threats online and protect themselves from instances of cybercrime. One type of cybercrime that is gaining in popularity is cryptojacking. This is due to the ease of finding targets as well as being inexpensive for the hacker to deploy. While cryptojacking does not seem like much of a threat to worry about, it can actually cause quite a bit of damage. Let us look at a theoretical case of a consumer falling victim to crypto mining malware and how he sought justice.
Read MoreCryptojacking: Quit Jacking Resources!
Every day, advancements in technology make the lives of people and businesses even more streamlined and efficient. But, with every advancement comes dangers and threats that cost valuable time and money. Malware is abundant in the ever-growing digital world, making it harder and harder for those who utilize the internet to stay safe doing so. Malware is any form of software that is used for malicious purposes such as phishing, viruses, and cryptomining. One form of malware that is increasing in popularity is cryptojacking.
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