{"id":168398,"date":"2022-02-13T09:00:35","date_gmt":"2022-02-13T03:30:35","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=168398"},"modified":"2022-02-12T23:04:06","modified_gmt":"2022-02-12T17:34:06","slug":"answered-despite-an-increase-in-cyber-threats-there-has-been-a-little-change-in-the-method-of-response-in-the-context-of-this-statement-explain-the-threats-posed-by-ransomware-a","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/answered-despite-an-increase-in-cyber-threats-there-has-been-a-little-change-in-the-method-of-response-in-the-context-of-this-statement-explain-the-threats-posed-by-ransomware-a\/","title":{"rendered":"[Answered] \u2018Despite an increase in cyber threats, there has been a little change in the method of response\u2019. In the context of this statement, explain the threats posed by ransomware attacks and the response required to mitigate the risks.\u202f"},"content":{"rendered":"\n\n\n
Introduction: <\/span><\/b>Describe in brief the cyber-attacks and their magnitude.<\/span>
\n<\/span>Body:<\/span><\/b> Explain Ransomware. Write the threats posed by it. Write measures to mitigate the risk.<\/span>
\n<\/span>Conclusion:<\/span><\/b> Give a way forward<\/span>\u00a0<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

A cyber-attack is an attempts to steal, expose, alter, disable or destroy information through unauthorized access to computer systems. Cyber-attacks are a concern not only to individuals but also pose a <\/span>threat to the national security<\/span><\/b> as was evident from the Stuxnet Worm Attack (2010) that sabotaged the nuclear power programme of Iran. <\/span>A vast majority of cyber-attacks are directed at small and medium sized businesses. The <\/span>cost of cyber-crimes in 2020<\/span><\/b> is believed to be more than <\/span>$1 trillion<\/span><\/b>.\u00a0<\/span>\u00a0<\/span><\/p>\n

Ransomware<\/span><\/b> is a type of malware attack in which the attacker <\/span>locks and encrypts the victim<\/span><\/b>\u2019<\/span><\/b>s data, important files <\/span><\/b>and then demands a payment to unlock and decrypt the data. According to IBM, ransomware attacks comprised 23% of cyber-attacks and was the number#1 cyber-threat in 2021.<\/span>\u00a0<\/span><\/p>\n