A Detailed Guide to Ransomware: Definition and Examples

Ransomware has become a significant concern in the digital world, causing widespread damage to individuals, businesses, and organizations. Understanding what ransomware is and how it works is crucial for protecting oneself from this malicious cyber threat.

What is Ransomware?

Ransomware is a type of malware that encrypts a victim’s files, rendering them inaccessible, and then demands a ransom, typically in cryptocurrency, in exchange for the decryption key. It can affect individuals, small businesses, and even large enterprises, leading to data loss, financial harm, and reputational damage.

How Ransomware Works

Ransomware infiltrates a system through various means, such as phishing emails, malicious software downloads, or exploiting vulnerabilities in outdated software. Once inside a system, it encrypts the victim’s files, making them unusable. The perpetrator then demands payment, often with threats of permanently deleting the files or leaking sensitive information if the ransom is not paid.

Examples of Notable Ransomware Attacks

WannaCry

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