Ransomware is a type of malicious software (malware) that encrypts a victim's data, making it inaccessible until a ransom is paid, usually in cryptocurrency like Bitcoin. The attackers provide an encryption key only after receiving the payment, but there's no guarantee that they won't install additional malware or steal data for further extortion.

While some organizations may find it financially easier to pay the ransom to quickly regain access to their data, this practice can perpetuate the cycle of ransomware attacks. A study from IBM indicates that 80% of American taxpayers oppose using public funds to pay ransoms, highlighting the ethical and financial implications of such decisions.

Preventing ransomware requires a comprehensive approach that includes implementing security best practices, detecting potential breaches, and containing infections. This involves a best-of-breed security architecture that spans from the network edge to data centers and endpoint devices, ensuring that all potential entry points are secured.