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IT Security Risks and Securities of Ransomware

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Added on  2020-04-07

IT Security Risks and Securities of Ransomware

   Added on 2020-04-07

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IT Security Risks and Securities of Ransomware1 | Page
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IT Security Table of ContentsIntroduction......................................................................................................................................2Background......................................................................................................................................2Risk and Security Concerns of Ransomware...................................................................................3Security Concerns of Ransomware..................................................................................................4Strategies to address security concerns of Ransomware.................................................................5Strategies to control Ransomware...................................................................................................6Conclusion and Future Trends.........................................................................................................9References......................................................................................................................................102 | Page
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IT Security Introduction There are several issues of viruses have been encountered by different IT users and these viruses are malware, trojan, spyware etc. Each and every type of virus is harmful for computer and network users. It has potential to damage systems, its information and network connections. Malware is considered most vulnerable virus that is difficult to recover. Ransomware is a type ofmalware and various harmful cases of this virus attack have encountered by network and computer users. Not only a common user but also large business organizations could not get prevention from ransomware attack. I opine that to get rid of this problem, it is necessary to use some appropriate strategies by developers and security experts. Moreover, it is also essential for users to be aware about major risks and security concerns of ransomware. The purpose of making this report is to emphasize on security concerns, strategies and future trends of ransomeware (Usa.kaspersky.com, 2017). BackgroundBefore start discussion about ransomware in detail, its background will help to understand it. Ransomware is one of the malicious software solutions. The main intension of ransomware is to hold computer and extract files from system without owner’s permission. It is known as unauthorized access of data. In past days, ransomware was commonly known as AIDS that was released in 1989 (Recorded Future, 2017). The key determination of this was to encrypt the file’sname in computer system of victim and after this, attacker asked hefty amount from victim to getrepair tool for ransomware attack. Furthermore, the introduction of RaaS also created various problems for users. With the help of RaaS, the skills of attackers to launch ransomware were increased enormously (Security Intelligence, 2017). Here RaaS stands for ransomware-as-a-service. This service of ransomware virus was developed to put bad influence of malware on 3 | Page
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IT Security victim’s data and system’s environment. According to analysis, ransomware was considered most dangerous cyber threat. It had potential to infect victim’s personal computer through various sources such as by visiting to unsafe, fake and suspicious websites, by opening unknown emails and its attachments and by clicking on malicious links that are in emails, posts and other received content by victims. In this way, on the behalf of this historical analysis I can say that ransomware was very destructive by nature. That is why at that time users were also not able to get better security for this attack. Risk and Security Concerns of RansomwareFrom above discussion we got to know about vulnerability of ransomware. Now due to this vulnerability what kind of risks can be encountered by computer and network users, we will discuss here in detail. Risks of Ransomware1.The first risk that related to ransomware is erasing of all data from computer system in which it has spread. If there is no backup of computer files then it is very hard to recover whole data (Rains, 2017).2.Other risk factor is related to maintenance of security of sensitive data that is stored into network databases. With the help of this malicious virus, hackers can easily access data from databases by injecting virus scripts into it. These scripts not only access data from database but also damage the whole database (TechRepublic, 2017). 3.Due to ransomware, the issues of development of fake websites is also increasing to attract people towards those websites and to access their personal and credit card information. The links of these websites are distributed through ads on popular websites to redirect visitors on it to collect their essential information (Zetter et al., 2017).4 | Page
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