![]() ![]() Ransoms are typically paid in Bitcoin or other digital currencies that are difficult to trace. The most effective and dangerous types ransomware are those where only the creators of the program have access to the decryption key. Failure to pay the ransom within the time frame provided can result in an increased ransom amount or deletion of the encrypted files. The user is goaded into paying the operators, who may or may not supply a code or program to decrypt the files. Upon execution, ransomware begins encrypting the files on an infected device and typically displays a message informing the victim that their files can only be decrypted if a ransom is paid to the attackers. Ransomware usually enters devices as a Trojan, masquerading as a normal file that is downloaded intentionally or unintentionally by the user. ![]() Today, common strains of ransomware include Cryptolocker (isolated in 2014), Cryptowall, Locky, and Samas or Samsam. ![]() Millions of dollars have been extorted through ransomware attacks, which date back to 1989 AIDS/PC Cyborg Trojan. Ransomware is a form of malware that encrypts files on an infected device and holds them hostage until the user pays a ransom to the malware operators. ![]()
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