Ransomware Guide

Ransomware is a kind of malicious software that prevents users from accessing a computer system until they pay a ransom to the attacker. Ransomware has been on the rise: 68.5% of organizations worldwide suffered attacks in 2021.

There is no sign of ransomware attacks slowing down. In April 2022, energy company Oil India was hit by an attack, and the hackers demanded $7.5 million in exchange for returning control of their IT systems. Instead of instantly paying the ransom, Oil called on local and international officials for assistance—suffering significant financial losses in the meantime.