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Ransomware is a type of malicious attack where attackers encrypt an organization’s data and demand payment to restore access.
Here’s an example of how a ransomware attack can occur:
Ransomware disrupts or halts an organization’s operations and poses a dilemma for management: does the organization pay the ransom and hope that the attackers keep their word about restoring access, or does the organization not pay the ransom and restore operations themselves?
Fortunately, organizations can take steps to prepare for ransomware attacks. This includes protecting data and devices from ransomware and being ready to respond to any ransomware attacks that succeed.
Here are NIST resources that can help you with ransomware protection and response.