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UNDERSTANDING RANSOMWARE IN THE ENTERPRISE
iIntroduction
Ransomware is a form of malicious software that , when deployed on a device , encrypts a user ’ s sensitive data . In order to secure a decryption key or initiate a decryption process , the victim is required to pay a ransom to the attacker , usually in the form of cryptocurrency such as Bitcoin . The amount demanded by attackers can vary , with ransoms typically in the range of $ 200 to over $ 10,000 per endpoint , depending on the size of the enterprise and the value of the data held for ransom .
Ransomware , in concept , can be traced back to the late 1990s and early 2000s with the rise in popularity of “ FakeAV ” or fake system utilities which “ find ”
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