Ransomware is a type of malicious software that encrypts a victim's files, rendering them inaccessible until a ransom is paid. This cyber threat can target individuals, businesses, and even government entities, causing significant financial and operational damage. Victims often receive a ransom note demanding payment in cryptocurrency, such as Bitcoin, to unlock their data.
The rise of ransomware attacks has led to increased awareness and the development of various prevention strategies. Organizations are encouraged to implement robust backup solutions, maintain updated software, and educate employees about phishing tactics to reduce the risk of falling victim to these attacks.