Wannacry ransomware

Who created it and when was wannacry created?

Wannacry ransomware was a worldwide ransom attack released in 2017 by an unknown creator.

How did it work?

The ransomware encrypted files and demanded $300-600 worth of bitcoin in order to return the files.

Why was it created?

The goal of the WannaCry ransomware was to extort money from the victims. The victims were forced to pay $300 to be made within 3 days or $600 within 7 days. After the 7 day deadline, the data would be deleted.

Impact on society

The WannaCry ransomware attack hit around 230,000 computers across the world. It is estimated this cybercrime caused $4 billion in losses across the globe.