What type of malicious software encrypts files, deletes files or changes permissions on files, then claims to reverse the changes after a fee is paid?
Ransomware
Worm
Spam
Virus
This type of application is known as Ransomware. It will block access to files using encryption, by deleting them or by changing file permissions to lock out the end user. Ransomware will often ask for payment using cryptocurrencies like Bitcoin and state it will re-enable file access after the ransom fee is paid.
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