Another great hazard to companies is ransomware. Cybercriminals encrypt a corporation’s data in this kind of assault and demand a ransom in return for a decryption key. Either through the ransom payment itself or the expenses of data recovery, ransomware can totally interfere with a company’s operations and cause significant financial losses. There is no assurance that the data will be totally restored even after the ransom is paid. Thus, preventing disastrous results depends mostly on the early identification and prevention of ransomware.