CryptoLocker renders its victim’s files unreadable using encryption, then demands payment to un-encrypt them. In a recent global survey of over 1,000 IT service providers, 95% reported recent encounters with CryptoLocker infecting small business clients. Unless a ransom is paid, access will not be restored.ĬryptoLocker is one of the most common strains of ransomware attacking companies around the world every single day. Ransomware variants, such as CryptoLocker, extort money from victims by displaying an on-screen alert stating that the user’s systems have been locked or files have been encrypted. Ransomware is a type of malware that infects computer systems, restricting users’ access to the infected systems.
In order to discuss CryptoLocker, first we must have a handle on ransomware. However, one of the biggest threats to a business’ network is CryptoLocker. There are many security risks to worry about when managing or using a business network.
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