TECHNOLOGY EXPLAINED RANSOMWARE

Ransomware, a term that has likely crossed your path in your lifetime, is not just another buzzword. It is malicious software designed to block access to a computer system or files until money is paid.

- Shintu Dhang

This form of cyber extortion has been on the rise, posing a big threat to individuals, businesses, and organizations.

Ransomware typically works by encrypting the victim’s files, making them inaccessible, and then demanding payment in exchange for a decryption key. The ransom demand is often made in cryptocurrencies such as Bitcoin, which makes it challenging to trace and facilitate anonymous transactions.