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Cyber Terrorism – Why Ransomware Attacks Are To Become More Frequent In 2019?

April 10, 2019Simeon Georgiev

To understand Cyber Terrorism, one must know what it is and how badly it’s affecting the internet world, and that includes actual real people behind the screens being affected by this.

Cybercrimes are relentless, inexorable and unlikely to stop anytime soon. With the update in modern technology, there’s an update of attacks in the internet world.

These have been increasing because many companies and businesses fail to update their software and make useful preventions and techniques or have a ransomware recovery plan in place. Many technological products lack tolerable fortifications.

It has become front-page news since almost everyone has had experience with it. About 64% of Americans, in a survey we read online, were affected by cybercrimes i.e. loss of information, data encryption to unknown sources, hacking of their emails and material as well as data.

ISP (One of the most significant and primary internet service provider) has reported that it has seen 80 BILLION spiteful scams per day.

One of the most popular ways of cybercrimes is Phishing. Although it is different from ransomware, the difference lies in the fact that in this method, the criminals use fraudulent emails from a legitimate source. They act and seem like the original and authentic accounts; for example, they could pretend like they are heads of a bank and ask you to reveal your password or change it by entering your old password visible to them. This way they can have your credit card info and consequently access to your money.

Whereas Ransomware asks for a software to be downloaded in your computer that blocks out all your information and asks for a certain amount of ransom to be paid to retract your info.

Ransomware attacks are said to be more frequent in 2019 because 81% of the cyber experts believe these attacks are likely to rise this year. The victims usually have a large number of connected devices and increasingly high net worth.

Even in the recent surveys and studies, it has been told ransomware attacks are increasing 300% per year.

“You could spend a fortune purchasing technology and services, and your network infrastructure could remain vulnerable to old-fashioned manipulation.”

— Kevin Mitnick

The first ransomware virus was created by a Biologist of Harvard Joseph L. Popp. It was in the year 1989. Moreover, 2013 was the year of its max rise, and it has been rising ever since. No companies or businesses can say that they are safe and protected from it. The year 2013 was the rise, and it has been even until 2019. And not only has it been rising, but it has been expanding and flourishing every day. Since this is the easiest ways for criminals at home to get money, it is on the rise this year and who knows the coming years until there’s better software and ransomware recovery plans that can catch the criminals and their activities behind the screens.

Hackers don’t use the regular money, and they use cryptocurrency as a payment method which is why they’re untraceable.

Simeon Georgiev
https://www.linkedin.com/in/simeon--georgiev/
I am a Cyber Security Enthusiast from Bulgaria. I like to write about malware and ransomware and global cyber attacks. You can reach me on Twitter @sgeorgiev1995 or Email: [email protected]
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