Ransomware isn't exactly a new threat, and it continues to grow over recent years as a means for cyber criminals to extort individuals or businesses by way of locking down their devices and - you guessed it - essentially demanding a ransom for it to be unlocked. With reports of ransomware being more widespread as far back as 2015, you'd think by now it would have been dealt with more efficiently, however, according to research ransomware generated an estimated $1 billion in 2016 alone. It also has a low cost structure (so, very profitable) and the victim directly sends the perpetrator money.The post What Is Ransomware and How Do You Avoid It? appeared first on Spectrum Networks Solutions.