What is ransomware?

Ransomware is specifically characterized as a type of malicious software designed to encrypt files on a computer or network, making the data inaccessible to the user. This form of malware typically demands a ransom payment from the victim in exchange for the decryption key necessary to restore access to the encrypted data. The primary goal of ransomware attackers is financial gain, and they often target individuals and organizations to maximize their impact.

Understanding ransomware is critical, especially in the context of cybersecurity, as the repercussions of a successful attack can lead to data loss, financial consequences, and operational disruptions for businesses. Recognizing that ransomware functions by restricting access to data helps highlight the importance of preventive measures, such as regular backups and awareness training for users to mitigate the risks associated with such attacks.