Ransomware is malicious software that either encrypts your data or otherwise stops you from accessing your own systems. The criminals then demand a ransom in exchange for the decryption key, although, of course, there is no guarantee that the key will work and you will get your data back. Many victims have paid up but not gotten their data back.
One reason why you are hearing more about ransomware now is that the barriers to entry have disappeared. The technology of crime is getting easier to use. Now you can buy a ransomware kit and choose your target. The gangs offer technical support in exchange for a percentage of the ransom. If that’s too daunting, the would-be criminal can hire cybercriminals to do the attack for them in a cybercrime-as-a-service arrangement.
iTnews has partnered with Barracuda to deliver this free eBook which provides a three-step guide to ransomware protection.