Modern Detection Mechanisms for Countering Ransomware

K.I. Srimal, Iromika Udayappriya, M.P. Nadun Chathuranga, J.L. Kavinda Akalanka, Chirath De Alwis
May 4, 2023

Ransomware is malicious software that blocks access to a victim's computer or data and demands a ransom to restore the system [1]. Attackers gain access through phishing emails or system vulnerabilities, install the ransomware, and encrypt the victim's data. Ransomware attacks can have serious consequences, including data loss, business interruption, financial costs, and reputational damage. Ransoms can range from a few hundred dollars to millions, often paid in cryptocurrency for anonymity. Paying the ransom doesn't guarantee access will be restored, and attackers may demand further payment. The most common types Crypto Ransomware or Encryptors, Lockers, Scareware, Doxware or Leakware, RaaS (Ransomware as a Service) [2]. Prevention methods are regular data backups, software updates, and detection mechanisms for ransomware attacks.

Ransomware detection is the process of identifying and alerting users to the presence of ransomware on their computer systems or networks. It involves the use of security software and tools that can detect suspicious activities and behaviors that are characteristic of ransomware.

Effective ransomware detection is essential for early detection and response to ransomware attacks, allowing organizations to take action to isolate and remove infected systems and prevent the spread of the ransomware to other parts of the network. After that, regular backups of critical data can help minimize the impact of a ransomware attack.

Need FOR Early Detection

Early detection is very important when dealing with a cyber-attack. The need for ransomware early detection is very clear, as these attacks can cause significant financial and representational damage to organizations and....

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K.I. Srimal, Iromika Udayappriya, M.P. Nadun Chathuranga, J.L. Kavinda Akalanka, Chirath De Alwis
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