In a statement on Sunday, the National Security Ministry said its cyber security incident response team (TT-CSIRT) is urging all organisations to take the necessary precautions to mitigate against rising ransomware attacks.

Ransomware is malware designed to deny a user or organisation access to files on their computer servers. Malware is software designed to disrupt, damage or gain unauthorised access to a computer system.

Cybercriminals use ransomware to enter a system and encrypt all data, then offer a decryption key if the victim/organisation agrees to pay a “ransom” through cryptocurrency. Another form of extortion would be a threat to release sensitive information online if the ransom is not paid.

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