What is it?
Malicious code that encrypts files on a computing device, enabling an attacker to demand a ransom from the legitimate owner to recover the encrypted data.
Why is it important?
Numerous high-profile ransomware cases – including the May 2017 WannaCry ransomware attack that struck at least 50 organizations(WannaCry 2017) – have occurred over the last several years, involving medical centers, police departments, and government organizations. These occurrences show the negative impact ransomware can have on an organization’s operations and finances.