What is Ransomware?
Ransomware is a type of malicious software that locks or encrypts files on a victim’s computer or network, effectively rendering them inaccessible. The attacker then demands a ransom, usually in cryptocurrency, in exchange for restoring access to the files. If the ransom isn’t paid, the data may be permanently lost or leaked.
How Does Ransomware Spread?
Ransomware can be delivered in several ways:
- Phishing emails: These emails may appear legitimate, often tricking users into downloading infected attachments or clicking on malicious links.
- Malicious websites: Visiting compromised or fake websites can result in inadvertent downloads of ransomware.
- Exploiting software vulnerabilities: Outdated software and unpatched security flaws are prime targets for cybercriminals.
What Are the Risks?
Ransomware attacks can have devastating consequences, including:
Financial Loss: Paying the ransom does not guarantee that the attacker will release your data. Additionally, paying can encourage future attacks.
Data Loss or Corruption: Even if you don’t pay, your files may be lost or corrupted beyond repair.
Reputational Damage: For businesses, a ransomware attack can severely damage your reputation, causing customers to lose trust.
Legal and Compliance Consequences: In some industries, failing to protect sensitive data can result in legal penalties or regulatory fines.
Watch our featured video to learn about the latest trends and techniques in cybersecurity. This clip is designed to enhance your awareness and equip you with the knowledge to defend against cyber threats effectively.
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