KZero Staff
Jul 31, 2023

A ransomware attack is when malware takes control of the victim’s computer and potentially spreads itself amongst other computers within the victim’s ecosystem. Ransomware attacks are usually carried out through phishing.  Once the victim is tricked into downloading, installing, or providing sensitive information, the attacker gains complete control over the victim’s computer. Additionally, criminals typically demand monetary compensation from their victims to regain computer control.

Ransomware attack facts:

  • According to IDC, the average payment for a ransomware attack is close to $250,000.
  • In 2022, LockBit was responsible for 22% of attributed ransomware incidents in Canada.
  • Phishing emails are standard methods of ransomware attacks.
KZero Staff

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