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What Is Ransomware? Definite Guide
The 2018 Verizon Data Breach Investigations Report (DBIR) declares ransomware “the most prevalent variety of malware”. Over 181 million ransomware attacks happened in the first six months of 2018. That is a 229 per cent increase in ransomware attacks reported compared to the same period in 2017(SonicWall). Let us take a look at ransomware, the most prevalent types of the threat facing organisations today and what the future holds for this growing malware menace. A definition of ransomware. Ransomware is a form of malicious software. It is also known as malware. Once ransomware seizes control of your computer, it threatens the users by denying access to their data. Attackers then demand a ransom be paid to release the data. However, the cybercriminals can be overtly devious and do not always relinquish access to the data upon receipt of the payment. In most cases, by paying a ransom through cryptocurrency Bitcoin (an untraceable payment method), the victim will receive a decryption key.
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