Thanks to the perceived anonymity offered by cryptocurrencies, ransomware operators commonly specify ransom payments in bitcoin. ![]() Ransom prices vary depending on the ransomware variant and the price or exchange rates of digital currencies. More modern ransomware families, collectively categorized as cryptoransomware, encrypt certain file types on infected systems and force users to pay the ransom through certain online payment methods to get a decryption key. Ransomware is a type of malware that prevents or limits users from accessing their system, either by locking the system's screen or by locking the users' files until a ransom is paid. View infographic: Ransomware Basics: What is it and what can you do about it? Ransomware Definition ![]()
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