Cyber Extortion: What You Need to Know in 2021

Cyber Extortion: What You Need to Know in 2021

Over the years, the term ransomware has taken on a new meaning for many businesses and local governments. This used to be considered a relatively new and emerging form of malware. Now, attackers have transformed it into a sophisticated and aggressive form of cyber extortion. Businesses feel the impact of ransomware globally. Their leaders need to be ready for how this cybercrime will surely advance in the next year.


Read on to discover different types of ransomware and how ransomware has evolved over the years. In addition, learn the common risk factors and how you can implement best practices.


Examples of a Ransomware Attack


Ransomware first came onto the scene in the late 1980s. It made waves as a disruptive, yet crude virus designed to corrupt computer data files in an effort to blackmail users. Since technology was more limited in those days, opportunities for ransomware to infect and spread were limited. However, cybercrime and the tools used to support it have advanced a lot over the years.


Below are just some examples of types of ransomware that have caused major damages to various businesses and government entities.


Download the Definitive Guide to Ransomware

Ryuk Ransomware


Ryuk is a form of crypto-ransomware that infects systems and encrypts data belonging to organizations with little to no tolerance for downtime. Once run, Ryuk attempts to cease all antivirus and anti-malware related processes and disables system restore options.


Purelocker Ransomware


Purelocker is a ransomware-as-a-service (RaaS) attackers use against production servers of enterprises. This type of cyber extortion is sold and distributed on ..

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