News First Sri Lanka; What is Ransomware?

November 29, 2023

Ransomware, exemplified by WannaCry, poses a significant threat by encrypting data and demanding untraceable Bitcoin payments. Paying the ransom doesn't guarantee data retrieval, fueling cybercriminal activities. To safeguard against such threats, prioritize Cybersecurity: update software, shun pirated versions, and back up data offline. Microsoft offers regional discounts to combat counterfeit software. Developing a robust national Cybersecurity policy is crucial, akin to treating it as a national security concern. While Sri Lanka hasn't faced a major cyber attack, proactive measures are essential in this era of digitization to avoid potential chaos and economic losses. Cybersecurity is paramount in our increasingly interconnected world.

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