What is the primary goal of ransomware?

Ransomware is designed specifically to block access to a victim’s data or systems and then demand a ransom payment in order to restore that access. The primary goal of ransomware attacks is to hold a user’s files hostage, making them inaccessible until the victim pays the specified ransom. The attackers often employ encryption techniques to lock the data, and they provide instructions for payment, usually in cryptocurrency, to ensure anonymity.

While other types of cyber threats focus on stealing credentials, creating networks of compromised devices, or manipulating financial transactions, ransomware’s unique and singular goal is to extract payment from the victim by threatening permanent loss of their data or functionality. This distinction is crucial for understanding the motivations behind such attacks and how organizations can prepare and respond effectively.