Ransomware marketplaces have sprouted up online, offering malware strains for any would-be cybercriminal, and generating extra profit for the malware authors. These criminals expect that individuals and businesses would be so frantic to regain quick access to data that they will pay a large ransom for the encryption key required to unlock the data. This paper explains the genesis and evolution of ransomware and offers proactive steps that can help shore-up defences and reduce the likelihood of any issues stemming from ransomware.
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