![]() Once a crypto virus is installed on a victim’s computer, it encrypts a large number of files on the user’s computer, server or hard drive. Crypto virus infections typically occur when a user clicks on a malicious link or downloads a malicious attachment delivered via email. What is a Crypto Virus?Ī crypto virus also known as the CryptoLocker virus is a type of ransomware virus that encrypts files on a compromised device and demands ransom in exchange for a decryption code. Crypto viruses frequently result in significant downtime, data loss and reputation damage for organizations. ![]() However, the cost of a crypto virus attack far exceeds the ransom paid to decrypt files. The US government estimates that over $1 billion in ransom is paid as a result of these attacks each year. Account Takeover (ATO) & Lateral PhishingĬrypto virus attacks are on the rise, with roughly 4,000 attacks occurring daily.Small & Medium Business Email Protection.
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