Recently, we have witnessed a rise in a new kind of attack mechanism: Cyber Extortion or Online Ransom Attacks. In such cases, the application data of websites are being compromised by hackers.

Once the attacker has access to your web files, these are encrypted and hidden on a secret server somewhere on the internet. The hackers then ask you to send them Bitcoins, a popular digital currency, in order to be able to retrieve your website data.

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