Smart Fridges Latest Technology Affected By Ransomware

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“Ransomware” can have a variety of names, and it’s not limited to the cybercrime genre. There are things that make it sound like a virus.

Ransomware is a series of programs that typically encrypt files using custom-built ransomware functions in order to render them unusable unless the owner pays a ransom. Many ransomware programs have more than one function, some can be designed to lock users out indefinitely or temporarily, and others use ransomware to steal passwords and other sensitive information from accounts. Some also use ransomware to install a malicious browser extension – a piece of malicious code that’s typically created with browser plugins or other programs included on a PC and runs in the background – that automatically downloads other malware onto systems.

This latest example, known as “WannaCry,” was specifically designed to steal the login credentials of organizations’ employees and customers. So the malicious program was originally designed to steal a user’s login information. But the program’s creators created new ransomware variants that are also designed to steal specific types of data on computers.

That’s what caused the ransomware to spread rapidly throughout the corporate ecosystem, hitting organizations across multiple industries before being patched and the hackers were taken down several months ago.

The WannaCry ransomware has no apparent weaknesses or security flaws, leading to its spread across a wide swath of businesses and consumers.

There’s a reason we talk about this stuff as “cybercrime:” the real threat to businesses and individuals is from cybercriminal organizations (cybercrooks) and their criminals. That’s why the federal government has devoted considerable efforts to deterring ransomware attacks, and why cybersecurity firms have dedicated considerable resources to understanding why ransomware is becoming so much more dangerous than hackers ever imagined.

As I’ve long maintained, ransomware is a bad thing that affects lots of people in lots of countries. That’s why so many businesses have adopted technologies and procedures to limit the potential for ransomware attacks and to avoid becoming victims.

Ransomware is also a very large threat to personal consumers and businesses, as they use digital wallets and other products that are vulnerable to ransomware attacks.

Some of the features that make ransomware so appealing to criminals and other attackers include the fact that ransomware is so difficult to detect and contain. A lot of it comes from outside the organization, and many of the victims don’t know the ransomware is coming.

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