The Ransomware crypto virus spread to 150 countries within a few days, infecting 200,000 computers. The direct damage amounted to $4 billion, while the consequential damage reached $7 trillion.
This crypto virus encrypts all types of files and restricts access to the computer, demanding a “ransom” in cryptocurrency to restore data and access.
It spreads rapidly and automatically, targeting all types of devices. Networks are primarily accessed through phishing emails, infected USB flash drives, and other similar methods.
Cybersecurity engineer Areg Shmavonyan discussed preventive measures to avoid ransomware during the workshop titled “Encryption: A Factor of Digital Security,” organized by the Internet Society Armenia Chapter PO.