The evolution of ransomware, dating back as far as 1989, has snowballed along with the development of technology to become a very profitable business for hackers. It is easier than traditional hacking, more efficient and allows them to cash in quickly and with minimal complications. Attackers can breach a vulnerable system through a back door and encrypt its data, which effectively shuts out users and prevents them from accessing any records or documents. A message demanding money then appears on the screen, a time limit is set and a countdown begins. The element of time implants a sense of urgency in the victim, compelling him/her to pay the ransom as quickly as possible. All this can be done from the comfort of a hacker's lair far away and almost impossible to track.
The reason why attackers are so successful in breaching electronic devices is because of the perceived distance people put between themselves and the possibility of such a breach ever happening to them. The belief that a ransomware attack is far-fetched is the very reason why ransomware is so lucrative. Putting your guard down is the vulnerability that hackers are waiting for. Below is a list of best practices that can help you protect and secure yourself effectively: