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Additional terms for ransomware include "crypto-virus," "crypto-Trojan" or "crypto-worm.
The report further stated that India ranked the third highest in the Asia Pacific region with over 60,000 ransomware attacks per year or about seven attacks per hour.
Marques shared a sample of the ransomware with Symantec and
Our first major target is ransomware threats like CryptoWall, which are growing at an alarming rate and holding critical business and consumer data hostage.
gt; 35% women unaware of ransomware, compared to 26% men
Ransomware is a kind of virus that demands a ransom or compensation from the victim by locking his device, holding his data or by making it difficult for the victim to find a solution to remove a virus installed on his device.
Ransomware is a growing threat to computer users, who can suddenly find they're unable to open or use their files when their machines are infected.
A new variant of the ransomware family is affecting organizations within the GCC and in particular the UAE, said top IT security firm Eset, adding that multiple incidents have been recorded in a short period of time.
These can help defend against ransomware as it blocks suspicious links and attachments in email messages.
A summary of research conducted by Dell's SecureWorks Counter Threat Unit (CTU) warns of the rise in ransomware usage since September 20I3.
Older threats are also being compounded by newer developments in the cyber threat landscape like ransomware.
Unuchek added, 'When it comes to ransomware Trojans, the new modification of Svpeng stands out for its wholly new implementation of standard features-it completely blocks the mobile device, even making it impossible to invoke the menu to switch off or reload the device.