What is Ransomware?

Ransomware is malicious software that uses encryption to keep the victim’s information for various purposes, with the most common being ransom money. The critical data of users or organizations is encrypted, preventing them from accessing files, databases, or applications, and with conditions to request for the access right.
Ransomware is often designed to spread across networks and target databases and file servers, thus can quickly cripple an entire organization. Threats related to ransomware are more and more increasing , causing damages amounting to billions of dollars paid to cybercriminals by businesses and government organizations all over the world.