WHAT IS RANSOMWARE?
Ransomware is type of malware that is designed to attack devices, preventing individuals from accessing their systems or the data that is held on them. From there, the attackers will demand that user’s pay a ransom, in the form of crypto currency, in order for their system to work again so it’s crucial to know how to protect your business against Ransomware.
This type of malicious software is just one of the many moneymaking schemes that cyber criminals use, in which the malware is installed once the attacker has access to the user’s device. Cyber attackers can gain access into people’s devices through spam emails, phishing emails and other social engineering attacks.
Now, we understand that this may sound rather technical, but to sum it up, ransomware is when someone gains access to your data, encrypts it and then demands a ransom on said data so that you can get it back.