Ransomware
Ransomware refers to a type of malicious software or malware that restricts access to a user’s computer system or threatens to disclose sensitive data unless a ransom is paid. The main goal of ransomware attacks is to extort victims by encrypting their valuable data and demanding payment in exchange for its decryption. Cryptocurrency users are frequently targeted in such attacks, with perpetrators often demanding bitcoin (BTC) or other digital currencies to ensure anonymity and evade detection.