Unlike traditional malware, crypto ransomware doesn’t steal information. Instead, it encrypts a victim’s documents, spreadsheets, pictures, videos and other files, and then demands a ransom to unlock the encrypted files — a form of digital blackmail. The ransom amount varies, from $150–$500 for an individual to thousands of dollars for an organization.
The payment goes through systems that are hard to trace, such as wire transfers, premium-rate text messages, pre-paid voucher services like Paysafecard, or Bitcoin.
A crypto ransomware attack can take hostage not only data stored on a company’s individual computers, but also the files on its servers and cloud-based file-sharing systems — leading to financial losses, stopping business in its tracks and potentially damaging the organization’s reputation.
Download your copy of the Defending against crypto ransomware eBook and get a walkthrough on:
- How ransomware is delivered to a user’s computer
- Stages of crypto-ransomware infection
- Best practices that can be applied immediately.