By Mandar Sahasrabudhe
Ransomware in IT world can be referred to as virtual kidnapping of data in exchange for a reward. It’s a malware which restricts users from accessing their own data on a corrupted system and would demand a ransom to revoke the access. The recent slew of coordinated ransomware attacks known as WannaCry or WannaCrypt on various sectors in European countries have proved to be an effective wake up call for businesses around the world. WannaCry is Encrypting Ransomware or Crypto Locker type of ransomware that is programmed to attack Microsoft Windows software. The attack last week, infected more than 230,000 computers in 150 countries including India, demanding ransom payments in bitcoin in 28 languages.
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