Ransomware Phenomenon

Ransomware is a fast-growing threat of malware that targets a wide range of companies, government agencies, financial institutions and other organizations. The latest development in ransomware attacks is driven by a new form of ransomware called Maze.

The cybercriminals behind the other type of Ransomware Ryuk, ensure that the malware penetrates into their targets by using a network . A recently discovered campaign of ransomware attacks against a large number of government agencies and financial institutions was used to deploy and initiate the “Ryuk” Ransomware, according to a report by the security firm Trend Micro.

TrickBot is a banking Trojan that collects financial account information and exfiltrates from the infected system before it falls under the Ryuk Ransomware infection. Trend Micros Research on the protection of networks and computers from Ransomware and other malicious malware has revealed that Ransomware is one of the most common types of ransomware attacks against government agencies and financial institutions.

The first step to educate the end users and users about the Ransomware attack and how they can protect data from attacks, is to protect the network and the computer from it and protect themselves from the attack.

The second step, to inform the end users and users about the Ransomware attack and how they can…