• Ransomware is a type of virus that uses encryption to hold a victim's data hostage. The vital data of a person or organisation is encrypted, making it impossible for them to access files, databases, or apps. Then a ransom is asked in order to gain access.
• Ransomware is frequently designed to propagate over a network and target database and file servers, paralysing a whole enterprise in the process. It's a growing menace that generates billions of dollars in payouts to hackers while causing considerable damage and costs to businesses and government agencies.

Read More: How does Ransomware work?