Ransomware is a type of cyberattack in which an individual or a group will breach a victim’s software and add malicious code to freeze their systems. After this, the party which breached the software demands compensation in return for giving back access to the operator of the software.
Such cyber-attacks are used, under normal circumstances, to lock a person out of their systems and restrict access to data and/or operations.
One of the most common ways used by attackers is breaking into software through phishing. This includes gaining access through spam content like fraudulent and misleading emails and messages. This method can grant the attacker administrative access to the victim’s device or software.
Who are the potential victims of ransomware attacks?
The kind of victims an attacker would choose can depend on multiple factors, including the abilities of the attacker themself. In case the attacker is not equipped enough to break into complicated software, they are likely to choose smaller targets, like individuals, rather than big companies.
Educational institutions also remain at the top of the list as they are known to have a weaker security system and less preparedness against such cyber attacks.
On the other hand, if the attacker is equipped with abilities to target bigger victims, government organisations, law firms and police authorities come into the picture. This is because such organisations have information that is usually sensitive in nature, which would mean a bigger possibility of a higher amount of ransom.