When one hears the word ransom they often conjure up the kidnappings of Patty Hearst, the Lindberg baby or perhaps Frank Sinatra Jr.
However, while the statistics of child kidnappings have (thankfully) shown a marked decrease, the activity of paying ransoms has exploded in recent years.
The difference is that what is being ransomed these days are computer files. No one could possibly compare the horror of having a child kidnapped with having a criminal take control of your computer. But having your computer’s files encrypted and held for ransom does engender its own brand of stress.
WHAT IS RANSOMWARE?
In what has become a rapidly escalating dimension of digital crime, a newly developed form of computer malware has emerged from the dark and hidden minds of cyber criminals. It’s called Ransomware.
Ransomware finds its way onto your computer or network from a website, an email or some other way, and encrypts the files on your computer. To get the person controlling the ransomware to release your files, you must pay a ransom. The amount of ransom paid typically varies from a few hundred dollars, to a few thousand. There are reports of cases where the ransom demanded exceeded $100,000 – though a ransom demand of this size is rare
THE GROWTH OF RANSOMWARE
But paying ransom to cybercriminals is not rare. Ransomware is no longer an incidental criminal activity that is happening to an isolated few. Surveys show that some 40% of corporations – large and small – have been attacked by ransomware – the CEO being the primary target. The FBI estimates that a billion dollars will be paid to ransomware criminals in 2016.
Ransomware can and does attack anyone, though financial services and healthcare are highly targeted industries. As ransomware generates ongoing revenue for cybercriminals the practice is escalating rapidly. No one is immune.
There is an answer!
VEEDog Ransomware Blocker is the solution that will protect your files from being kidnapped and held for ransom. It can be downloaded directly from our site.
Protect yourself. Put the Dog on the Job.
The videos below are real-time demos showing actual ransomware as it does its job wreaking havoc on a computer, then showing how it reacts when a computer is protected by VEEDog Ransomware Blocker. We will be adding more video examples as they come available