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Ransomware

Beginner
Glossary
Nov 15, 2023
3 min read
0

Introduction to Ransomware and Cryptocurrency

Ransomware, a type of malicious software designed to block access to a computer system until a sum of money is paid, has become increasingly intertwined with cryptocurrency. This comprehensive guide delves into the complex relationship between ransomware and digital currencies, exploring how cryptocurrency has both facilitated and fought against ransomware attacks.

The Rise of Ransomware in the Digital Age

Ransomware attacks have surged in recent years, posing significant threats to individuals, businesses, and governments worldwide. These attacks encrypt victims' data, demanding payment, often in cryptocurrency, for decryption. This section will examine the evolution of ransomware and its growing impact.

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