Updated on 2024-01-23 GMT+08:00

What Is a Ransomware Attack?

Ransomware attacks have become one of the biggest security challenges facing companies today. Ransomware is a type of malware attack in which the attacker locks the victim's data or asset devices and then demands a payment to unlock the data. Sometimes, attackers may not unlock the data even after receiving the ransom.

Ransomware attacks can cause interruption to your services and the leakage or loss of critical information and data. As a result, the operation, economy, and reputation of your company may be greatly affected and security problems may hinder your company development.

With ransomware attacks spiking in recent years, this malware is evolving to become stealthier, faster, and more impactful. Defending against ransomware attacks is now a major and urgent task for companies.

Figure 1 Ransomware overview