Ransomware is a type of malicious software that encrypts a users files and demands payment in exchange for the decryption key. It typically spreads through phishing emails or malicious websites.
Ransomware attacks in 2017 wreaked havoc on businesses of all sizes, causing financial losses, data breaches, and reputational damage. Some companies were forced to pay hefty ransoms to regain access to their files.
Healthcare, financial services, and government sectors were among the most heavily targeted industries by ransomware attacks in 2017. These sectors often hold sensitive data that cybercriminals can exploit for profit.
Businesses can protect themselves against ransomware attacks by regularly backing up their data, installing antivirus software, educating employees about cybersecurity best practices, and implementing a robust incident response plan.
Some of the most notorious ransomware variants of 2017 included WannaCry, NotPetya, Locky, Cerber, and Bad Rabbit. These attacks caused widespread chaos and drew attention to the growing threat of ransomware.
Since 2017, ransomware has become more sophisticated and prevalent, with cybercriminals constantly developing new strains and tactics to evade detection. The rise of ransomware-as-a-service (RaaS) has made it easier for even novice hackers to launch attacks.
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The 10 Most Terrifying Ransomware Attacks in 2017