Victims are at risk of losing their files, but may also experience financial loss due to paying the ransom, lost productivity, IT costs, legal fees, network modifications, and/or the purchase of credit monitoring services for employees/customers. Ransomware variants almost always opportunistically target victims, infecting an array of devices from computers to smartphones.
Once access to the system is blocked, the ransomware demands a ransom in order to unlock the files, frequently $200 – $3,000 in bitcoins, though other currencies and gift cards are occasionally reported. Most of the current ransomware variants encrypt files on the infected system/network (crypto ransomware), although a few variants are known to erase files or block access to the system using other methods (locker ransomware). businesses and individuals during the past two years. Ransomware is a type of malware that has become a significant threat to U.S.
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