Ransomware Explained. What It Is and How It Works

Every day, cybersecurity specialists detect over 200,000 new ransomware strains. This means that each minute brings no less than 140 strains capable of avoiding detection and inflicting irreparable damage. But what is ransomware in the end? Briefly, ransomware is one of the most common and most dangerous cyber threats of today, with damaging consequences for individuals and businesses alike.

In this article, I will explain what ransomware is, how it works, its tops targets, how to prevent it, and what to do if attacked. Besides, recent statistics and ransomware examples will show you real facts to make you understand that ransomware really happens and how!

What Is Ransomware?

Ransomware is a sophisticated piece of malware (malicious software) that encrypts all the data on a victim’s PC or mobile device, blocking the data owner’s access to it. After the infection happens, the victims receive a message telling them that a certain amount of money must be paid (usually in Bitcoins) in order to get the decryption key. Usually, there is also a time limit for the payment to be completed, otherwise, the files could be lost forever. It should be noted that there is no guarantee that even if the victim

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