At Excellence IT, we continually see users being targeted with very sophisticated email phishing scams. However, the most common route is email phishing. Finding a weak user with an easy-to-guess password could be all one cybercriminal requires. Hackers often look for holes in internet security systems or general user errors. The short answer is by any means possible. Amounts vary wildly from a few hundred dollars to instances where millions of dollars are demanded.īut hang on, how do the attackers do this? In most circumstances, the victim is given an easy-to-follow guide (nice, right?) on how to pay for a decryption key to get the files out of the attacker’s hands. Following this, the attacker then commands the victim to pay a sum of money (or bitcoin) to provide access back to the stolen or withheld data. Ransomware is a type of malware that targets a victim’s files and encrypts them. But before we reveal it all, let’s talk about Ransomware… What exactly is Ransomware? Strains of ransomware are always evolving, but it’s worth knowing about one of the first – the Cryptolocker Ransomware Attack.īut I imagine you may have stumbled upon this page looking to understand what the Cryptolocker Ransomware Attack was.

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