Cryptocurrency ransomware represents a malicious breed of malware designed to encrypt files or entire systems, rendering them inaccessible to the victim. In exchange for a decryption key, the attackers demand payment in digital currencies such as Bitcoin, Ethereum, or Monero. The decentralized and pseudonymous nature of cryptocurrencies provides a cloak of anonymity for the perpetrators, making it challenging to trace and apprehend them.
Source URL : https://lionsgatenetwork.blogspot.com/2024/03/the-rise-of-cryptocurrency-ransomware-strategies-for-retrieval-and-prevention.html