How cryptocurrency turbocharged the cybercrime racket: Explained

Source: Business Standard Relevance: Cryptocurrency is an emerging sector. As a UPSC aspirant one needs have knowledge about its pros and cons. Synopsis: Use of cryptocurrencies for ransomware attacks by hackers and related challenges. Must Read: What is a ransomware? How is crypto used in cybercrime? A typical ransomware attack on a company or organization… Continue reading How cryptocurrency turbocharged the cybercrime racket: Explained

Maze ransomware

News: Cognizant, an IT services provider, has said that it has faced a Maze ransomware attack that has caused disruptions to its clients. Facts: Ransomware:It is a type of malicious program used by hackers to take control of files in an infected system and then demand hefty payments to recover them.  The Maze ransomware was… Continue reading Maze ransomware