Ransomware attacks consequences and how to prevent them.
A ransomware attack can have devastating consequences. The
average cost of recovering from the most recent ransomware attack in 2021 was
$1.4 million (Adam, 2022). According to Richardson and North (2017), Joseph L.
Popp designed the first ransomware virus in 1989, known as the AIDS Trojan.
Popp studied evolutionary biology at Harvard. At the World Health
Organization's International Aids Conference, it was delivered on a floppy
disc. It used basic symmetric cryptography to encrypt file names, and tools to decrypt
them were quickly available. WannaCry Ransomware is the most well-known
ransomware after a massive attack on the wide world. It is a kind of malicious
software that encrypts data or systems and stops users from accessing them
until the victim pays a ransom for a decryption key, which allows them to
access the encrypted files or systems (Patil, Mohurle, 2017). Thus, this essay
shows two cases of companies, governments and institutions that had ransomware
attacks the others and how to prevent them.
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