What is ransomware and how does it work?
Ransomware is a type of malware that encrypts a victim's files or locks their system, rendering it inaccessible until a ransom is paid. It typically spreads through malicious email attachments, infected websites, or vulnerabilities in software. Once the victim's files or system are encrypted, the attacker demands a ransom payment in exchange for the decryption key or unlocking the system.
Ransomware is a highly effective tool used by cybercriminals to extort money from victims. It works by infecting the victim's computer or network, encrypting all files and rendering them useless. The attacker then demands a ransom payment in cryptocurrency, usually Bitcoin, in exchange for the decryption key. If the victim refuses to pay or fails to meet the deadline, the attacker may threaten to leak sensitive information or permanently delete the encrypted files.