Ransomware is malicious software (malware) that locks down your computer or mobile phone until you pay a ransom to unlock it. The malware then encrypts your data and demands payment to decrypt it, making it difficult to recover your files. More than half of all organizations now report being victims of a ransomware attack.
The attacker then demands payment in exchange for decrypting the encrypted files. If you don’t pay up, the attacker will permanently delete your files.
Ransomware attacks are becoming increasingly common, often targeting businesses rather than individuals.
Many organizations have had to pay ransom to recover from ransomware infections. These attacks can be very costly, not only because of the money that has been paid out but also because downtime costs money.
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