The Rise of Ransomware

Ransomware continues to be one of the most crucial cyber threats and is actively threatening IT users around the world. In recent years, it has become a phenomenon and traumatic threat to individuals, governments and organizations. Ransomwares not only penalized computational operations, it also mercilessly extorts huge amount of money from the victims if the victims want to regain back access to the system and files. As such, the cybercriminals are making millions of profits and keep on spreading new variants of ransomware. This paper discusses about ransomware and some related works in fighting this threat.