Wanna Cry Ransomware

05.25

First and foremost, let’s clarify exactly what WannaCry is. This malware is a scary type of trojan virus called “ransomware.” As the name suggests, the virus in effect holds the infected computer hostage and demands that the victim pay a ransom in order to regain access to the files on his or her computer.
RansomWare like WannaCry works by encrypting most or even all of the files on a user’s computer. Then, the software demands that a ransom be paid in order to have the files decrypted. In the case of WannaCry specifically, the software demands that the victim pays a ransom of $300 in bitcoins at the time of infection. If the user doesn’t pay the ransom without three days, the amount doubles to $600. After seven days without payment, WannaCry will delete all of the encrypted files and all data will be lost.

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