Ransom Computer Virus All Detail

What is the ransom computer virus?

Ransomware is a type of malicious software that blocks access to the victim's data or threatens to publish or delete it until a ransom is paid. Any action is possible once a device or system is infected and there is no guarantee that paying the ransom will return access or not delete the data. Simple ransomware may lock the system in a way which is not difficult for a knowledgeable person to reverse.

What is a Ransomware Virus Attack?

Ransomware is malware for data kidnapping, an exploit in which the attacker encrypts the victim's data and demands payment for the decryption key.  Aransomware malware program may also be called a cryptovirus, cryptotrojan or cryptoworm.
Top targets for ransomware creators and distributors
Cybercriminals soon realized that companies and organizations were far more profitable than users, so they went after the bigger targets: police departments, city councils and even schools and, worse, hospitals!
To give you some perspective, nearly 70% of infected businesses opted to pay the ransom and recover their files. More than half of these businesses had to pay a ransom worth $10,000 to $40,000 dollars in order to recover their data.
But for now, let’s find out how online criminals target various types of Internet users. This may help you better understand why things happen as they do right now.

History of ransomware Computer Virus 

It may be difficult to imagine, but the first ransomware in history emerged in 1989 (that’s 27 years ago). It was called the AIDS Trojan, whose modus operandi seems crude nowadays. It spread via floppy disks and involved sending $189 to a post office box in Panama to pay the ransom.