Easy2 marksMultiple Choice
Business functions, regulation and technologySection ASyllabus CCyber-security

ACCA · Question 13 · Business functions, regulation and technology

A national smart-grid energy company discovers that malicious software has encrypted their core distribution databases. The attackers demand a payment of $5 million in cryptocurrency to provide the decryption key, threatening to shut down power to major cities if unpaid. What specific type of cyber-security threat is this?

Answer options:

A.

Phishing

B.

Distributed Denial of Service (DDoS)

C.

Ransomware

D.

Spyware

How to approach this question

Identify the key action: 'encrypted databases' and 'demand a payment'. This is the exact definition of ransomware.

Full Answer

C.Ransomware✓ Correct
Ransomware is a highly disruptive form of malware that uses encryption to hold an organization's data hostage. The attackers demand a ransom (usually in untraceable cryptocurrency) in exchange for the decryption key.

Common mistakes

Confusing ransomware with a DDoS attack because both can cause operational downtime.

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