Understanding Ransomware

Ransomware is a type of malicious software designed to encrypt or block access to a victim's files or entire computer system. The attackers demand a ransom payment, typically in cryptocurrencies, in exchange for providing the decryption key or restoring access. This insidious form of cyberattack has evolved over the years, becoming more sophisticated and causing significant disruption. 

The impact of ransomware attacks can be devastating on multiple levels. For individuals, it can result in the loss of personal data, compromising sensitive information like financial records or personal documents. In businesses, ransomware can disrupt operations, leading to financial losses, reputational damage, and potential legal implications. Critical infrastructure, such as healthcare or government systems, can also become targets, risking public safety and national security.