Hostage crimes have gone digital. A well-known form of malware, ransomware is a cybercrime in which the perpetrator holds a computer’s data for ransom via encryption. If the data owner doesn’t pay the cybercriminal a certain amount of money within a certain amount of time, his or her data will be lost forever.
According to a recent global cybersecurity report, ransomware is the fastest growing cybercrime, with more than 6,000 online criminal marketplaces and ransomware-as-a-service gaining in popularity.
The good news is there are ways to prevent falling victim to ransomware. Here are three of the most critical: