Meaning of the word ransomware in English

What does ransomware mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

ransomware

US /ˈræn.səm.wer/
UK /ˈræn.səm.weə/

Noun

malicious software that blocks access to a computer system or data until a sum of money is paid

Example:
The company's network was crippled by a ransomware attack.
Paying the ransom does not guarantee that your data will be recovered from ransomware.