Yes, it is as malicious and scary as it sounds. It can come and knock on your digital doors with the intentions of stealing. Ransomware is a type of malware software that blocks access to a user’s computer system. It then threatens to leak sensitive and personal information. The goal of this is to extort money in exchange for restoring the encrypted data. This software in the hands of the wrong people can be dangerous, Not to mention the fear of losing your important data. Ransomware is the biggest antagonist in the world of crypto, Because the culprits always sought the demands from users via bitcoin or other digital currencies to avoid digital detection. Always ensure to build huge, thick walls around your investments to keep These scammers miles away!

Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Each investor must do his/her own research or seek independent advice if necessary before initiating any transactions in crypto products and NFTs. The views, thoughts, and opinions expressed in the article belong solely to the author, and not to ZebPay or the author’s employer or other groups or individuals. ZebPay shall not be held liable for any acts or omissions, or losses incurred by the investors. ZebPay has not received any compensation in cash or kind for the above article and the article is provided “as is”, with no guarantee of completeness, accuracy, timeliness or of the results obtained from the use of this information.

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