Ransom is an act of obtaining freedom, goods, or money from someone through coercion or force. It is a tactic employed by criminals or criminals to extort money or other items from victims in exchange for a release. In its most basic form, ransom entails demanding a certain amount of money from the victim in return for the return of an abducted victim or of property.
A Brief History of Ransom
Ransom is an ancient practice with records of it being used as far back as the third century B.C. In ancient Greece, ransom was often a means of releasing captives, and would usually be the payment of money or goods. The Roman Empire also employed the practice but it was mainly used to free prisoners of war. By the Middle Ages, ransom was commonly used throughout Europe, while during the Crusades, the money raised through ransom was used to fund international campaigns.
Modern Examples of Ransom
Ransom remains a popular tactic and is especially used amongst cyber criminals. In recent years, ransomware has become a major problem. This is where cyber-criminals demand a sum of money for the release of a system or files which they have taken control of. Cryptocurrency is often used to demand ransom, as it offers criminals more anonymity than other methods of payment.
What to Do if Victim to a Ransom
If you ever find yourself victim to a ransom, be sure to assess the situation carefully before taking any actions. It’s important to understand that criminals may be willing to negotiate, so contact law enforcement for more advice and support. Many organizations will help you navigate the process and ensure the best outcome.
How to Protect Yourself from Ransom Attacks
The best way to protect yourself from potential ransom attacks is to ensure you have up-to-date security systems, both online and in-person. Stay updated on the latest security best practices and utilize strong passwords and two-factor authentication on all of your accounts. Additionally, it’s important to back up all of your data so that you can quickly restore it if it’s stolen or destroyed.