Which term is malware blocking access to data for ransom payments?

Study for the Certified Bank Secrecy Act Professional Test. Use flashcards and multiple-choice questions with hints and explanations. Get exam ready!

Multiple Choice

Which term is malware blocking access to data for ransom payments?

Explanation:
Ransomware is the type of malicious software designed to block access to data and demand payment to restore it. This directly describes the scenario of data being inaccessible until a ransom is paid. While general malware covers many harmful functions, the distinctive goal here is holding data hostage for money. Encryption is a common method used by this malware to lock files, but it’s the act of blocking access for a ransom that defines the threat, not encryption alone. Pig butchering is a different kind of scam focused on tricking victims out of money through social engineering, not on denying data access.

Ransomware is the type of malicious software designed to block access to data and demand payment to restore it. This directly describes the scenario of data being inaccessible until a ransom is paid. While general malware covers many harmful functions, the distinctive goal here is holding data hostage for money. Encryption is a common method used by this malware to lock files, but it’s the act of blocking access for a ransom that defines the threat, not encryption alone. Pig butchering is a different kind of scam focused on tricking victims out of money through social engineering, not on denying data access.

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