Encrypting files or the term “Encryption” itself has taken the virtual realm to an all new world. Encrypting data on your computer provides you with assurance that the data will not be stolen. The same thing that is the encryption is often now-a-days used in the messaging apps so that the data for the personal chat cannot be stolen and that the company will have no access to them. But with the latest and innovative technology, the cybercriminals are all set to use the encryption a way of demanding ransom from the victims. The basic process involves the phishing scams where a phishing emails pops up right in your email that bears a strange attachment.
The software that is contained in the phishing email containing attachment of strange kind consists of “Crypto Ransomware” which is used to encrypt the data on your computer displaying a message on your computer screen letting you know that there exists only a single copy of the decryption key and if you deny to pay a specific ransom fee in the Bitcoin, the key will be deleted and that your files will be lost for the whole lifetime. Some will say that it is a very ineffective way to extort victims but the reality is that the phishing attacks comprise about two thirds of the cyber attacks. Moreover, most of the people are uneducated of the risks of opening a phishing email. In a survey of 150,000 phishing emails by the Verizon partners, about a quarter of people surveyed had opened phishing emails and 10% of them has opened such attachments.
Thus, the first and foremost step to protect yourself is to self-filter your emails. Most of the phishing emails are stored in the spam. Also, installing an active good quality antivirus will warn you before opening such programs and running them on your computer that reduces 90% of the risks.