What is ransomware and how does it work?
Ransomware is a type of malware that encrypts the victim's files and demands a ransom payment in exchange for the decryption key. It typically spreads through malicious email attachments, infected downloads, or by exploiting vulnerabilities in software. Once the victim's files are encrypted, they are unable to access them until they pay the ransom. However, it is important to note that paying the ransom does not guarantee that the files will be decrypted or that the attacker will not demand further payments.
Ransomware is a highly effective tool used by cybercriminals to extort money from individuals and organizations. It works by infiltrating a victim's computer system, encrypting their files, and then demanding a ransom payment in exchange for the decryption key. The payment is often requested in cryptocurrency, such as Bitcoin, to ensure anonymity. It is crucial to have proper cybersecurity measures in place to prevent ransomware attacks and regularly backup important files to mitigate the impact of such attacks.