Ransomware is a type of malicious software that encrypts a victim's files, rendering them inaccessible until a ransom is paid to the attacker. This form of cyber extortion has become increasingly prevalent, targeting individuals, businesses, and even government entities. Victims often receive a ransom note with instructions on how to pay, typically in cryptocurrency, to regain access to their data.
The impact of ransomware can be devastating, leading to significant financial losses and operational disruptions. Organizations are encouraged to implement robust cybersecurity measures, including regular backups and employee training, to mitigate the risks associated with ransomware attacks.