According to a report by Symantec, ransomware attacks affected around 3.5 million people in 2018. The same report notes that ransomware attacks have increased by 250%. In addition, a report found that 35% of small businesses have been victims of ransomware attacks.
There have been several high-profile ransomware attacks in the previous year, including attacks on the city of Atlanta and the Mecklenburg County government in North Carolina. In both cases, the attackers encrypted important files and demanded a ransom payment to decrypt them.
The article below will deal with what ransomware is, how it operates (including information about its different forms), and how to prevent becoming a victim. It will also include an overview of the most famous ransomware attacks. So, let’s begin.
What Is Ransomware and How Does It Work?
Ransomware is malware that encrypts files on a user’s computer and then demands payment to decrypt them. Ransomware attacks have risen recently and can be costly for businesses and individuals.