Best way to protect is through prevention
Although ransomware isn’t a new thing, many users still find themselves victimized by it without knowing how their device got infected. According to Ihab Moawad, head of MMEA, Trend Micro, “Though crypto-ransomware detections are prevalent in regions like North America and Europe, we have noted a spike in incidences outside of these territories. Much interest in the Critroni or Curve-Tor-Bitcoin (CTB) Locker—an old crypto-locker variant—is already being noticed in Asia. Though the number of detections in these new territories is not as large, it can still be a precursor for more widespread crypto-ransomware incidents in the near future”.
It is a type of ransomware that encrypts a user’s system or files in exchange for money. So, Trend Micro advises not to forget to back-up your data, preferably on a different media source. Though the promise of getting data back by paying ransom is tempting, one should refrain from it. More often than not, chances of retrieving the encrypted data are slim even if they pay.