Ransomware is a type of malicious software or malware designed to encrypt or lock up files on a victim's computer, making them inaccessible. The attackers then demand payment, usually in a cryptocurrency, in exchange for a decryption key that will allow the victim to regain access to their files.
Ransomware attacks are considered especially harmful because they can result in a complete loss of data or can significantly disrupt business operations. Moreover, even if the victim pays the ransom, there is no guarantee that the attackers will provide the decryption key or that the key will work properly.
Ransomware attacks are typically spread through phishing emails, compromised websites, or unsecured remote access services. To protect against ransomware attacks, keeping software up-to-date, using strong passwords, and backing up critical data regularly is important.
It is also essential to be cautious when opening email attachments or clicking on links, especially if they are from unknown senders or appear suspicious. Additionally, installing the right anti-virus program on your computer can help detect and prevent ransomware infections.
There have been several high-profile ransomware attacks on large companies in recent years.
There is a well-documented correlation between holidays and an increase in cyber crimes- learn more from the Saskatchewan IT Pors at Anchor Managed Solutions