Ransomware: could you be blackmailed by hackers?

Ransomware is one of the most recent threats to your online security. We look at what it is, how it works and how you can protect your business effectively.

What is it?
Ransomware, as the name suggests, is a form of malware which locks away a victim’s files and then requests payment from them to have them returned.

In 2013, Cryptolocker attacked around 250,000 computers worldwide stealing personal files and refusing to return them unless a ransom was paid immediately, which a high amount of victims went ahead and did.

Ransoms are paid through a digital currency such as Bit coin, which allows transactions to be made anonymously.