Acer Reportedly Hit By $50 Million Ransomware Attack

Acer has been hit with a $50 million ransomware demand, according to news reports. This appears to be one of the biggest ransomware demands to date, BleepingComputer reports.
After inquiries, Acer did not provide a definitive answer if they had suffered a REvil ransomware attack.

What Is Ransomware And How To Prevent It

In many movies, you must have seen a bad guy kidnapping someone and demanding some money from his/her family. Just bring that scenario to the software world, and that is what a Ransomware is. In clear words, a Ransomware is a piece of software that is designed to encrypt your data to prevent your access and demand a sum of money from you to unlock it.