by Disha Ganguli
May 25, 2021
Recently, the internet watchdog from South Korea has surfaced a roadmap to develop an anti-ransomware system. This development will be backed by big data and AI.
What is Ransomware?
Ransomware is best famously described as a type of hacking attack. This allows a hacker to control target computers or servers. It encrypts all the files inaccessible without a decryption key. The criminal activities are aimed at soliciting ransom money. Hackers, at the time, leave the system infected and useless. KISA says that when ransomware takes control of a computer network of a private network, the hacker file takes control of the main server.
KISA’s Mission to Defeat Ransomware
Korea Internet and Security Agency (KISA) has disgorged its warning against ransomware. This ransomware is emerging to be the direct security threat in 2021. Korean Association of Technology Industrial Security (KAITS) has revealed that the Korean corporate has undergone a massive loss of over two trillion in 2020. The Korean corporates were heavily subjected to ransomware attacks. The cyber breaches and attacks have doubled up in 2021.
KISA is striving to form an anti-ransomware that will build a cybersecurity alliance. This alliance will involve 60 data centers, web hosting services, and cloud services. KISA says that the mission will be achieved by 2023. Additionally, a notification service will be launched as protection against prospective damages.
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