1. Ransomware encrypts a victim's files and demands ransom payment in an untraceable currency like bitcoin to decrypt the files. It has become a growing threat costing millions each year.
2. The document discusses different types of ransomware like crypto ransomware, locker ransomware, and MBR ransomware. It also outlines how ransomware spreads via phishing emails, drive-by downloads, and malware advertising.
3. The document provides tips to prevent ransomware attacks like backing up data, whitelisting applications, keeping software updated, and using ad-blockers. It concludes that following prevention best practices can help mitigate ransomware attacks.