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The attacker encrypts all the data and ask for ransomware(money) to decrypt the data
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Ramsomwares are mainly designed to encrypt the data present on computer and only can be decrypted by the key provided by the attacker after paying rasomware and there is no guarantee that even after paying the ransome you will get decrypt key.Its better to have a backup of our data
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attacker can hold his/hers important information as leverage and can blackmail to extort money or the attacker sell that piece of info in the dark web for money.

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