What is Ransomware?

Date: June 22, 2017

By: PBS Marketing

Ransomware is a malicious software that encrypts your computer’s files, photos, music and documents and then demands payment in Bitcoin to recover access to the files.

Not only can ransomware encrypt the files on your computer, the software is smart enough to travel across your network and encrypt any files located on shared network drives. This can lead to a catastrophic situation whereby one infected user can bring an entire company to a halt. 

Once the files are encrypted, the hackers will display some sort of screen or webpage explaining how to pay to unlock the files. Also, typical ransomware has a 48-72 hour deadline which, once passed, causes the ransom to increase. In 2016, companies paid out over $1 billion to ransomware related attacks

Jamison, Eaton & Wood, Inc. has been a client of Preferred Business Systems for 15 years+ and during those 15 plus years their Team of Professionals have been SUPERIOR from the President of the Company down to their service staff.

  • Carleen Lemanski
  • Jamison, Eaton & Wood, Inc