Definition of ransomware
:malware that requires the victim to pay a ransom to access encrypted files
- In September of 2013, security for small accounting offices changed forever with the appearance of a new class of threats called ransomware. … you open a file attached to an innocent-looking e-mail, and the program encrypts key files and drives so they cannot be accessed. The files are locked until you pay a ransom.
- —Dave Mcclure
- With ransomware, a hacker slips into a system, then puts encryption controls in place that locks users out. The hackers then demand money to "unlock" the data.
- —Elizabeth Millard
- Today's ransomware scammers often demand payment in bitcoin because the digital currency is easy to use, fast and provides a heightened anonymity for the scammers, according to the FBI warning.
- —Susan Tompor
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