What is Crypto-Ransomware?
Crypto-ransomware is a type of malware that encrypts files stored on a server, PC, or mobile device in order to extort money. Encryption ‘scrambles’ files so that they are unreadable. A ransom is demanded in exchange for the decryption key needed to restore the files.
Threat actors use a mix of sophisticated technology knowledge with psychological manipulation (social engineering) as causative agents of crypto-ransomware attacks.
Common Modes of Transmission: