Financial losses from restoring systems and files 2. Potential harm to an organization’s reputation. The disruption of regular business operations. You could permanently lose sensitive information and valuable data and suffer costs due to a wide range of other factors, including: Whether you pay your cyberattacker the fee of not, there will be a price for Cryptolocker. Tyler Hardison, Chief Technology Officer (CTO) of STN, says “if your business relies on data, that data has a cost, worth, and value and you need to take preventive measures to protect that.” However, by taking precautions, being more aware, and putting additional security measures in place, it’s possible to prevent Cryptolocker from affecting you in the first place. It’s an extortion scheme and it can be costly, especially if you don’t have your information backed up. After that, your files will disappear forever. 
To successfully unlock your files, you will need to act quickly! The encryption key will be located on a secret server and it will be destroyed after a specified date and time. Here’s how it works: Once you’ve been infected with Cryptolocker, you’ll be asked to pay a ransom fee in exchange for an encryption key that will restore your data. The virus is a form of ransomware, which is a network security threat that penetrates a computer system, encrypts files, and demands money to restore their data. Cryptolocker is the number one malware threat and an especially malicious type of cyberattack.
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