Ransomware, as its name suggests is a malware that infects a system and locks the user out of their data unless a ransom is paid. The victim of such an attack is left powerless to recover their data as only a unique key can unlock the infected system. The user has a pre-set deadline to pay the ransom or risk permanently losing access to their data. This type of attack has seen a rise in occurrence since its rise to prominence in 2005. The field of Crytomalaware is in constant evolution because of the extremely profitable nature of these activities, the largest threat currently is Cryptowall 3.0 /Cryptolocker which usually spreads through phishing emails. The user clicks on a link, a Trojan is installed on the system which then delivers its payload by encrypting user data and displaying a locked out message.These attacks are now so prevalent that they account for $18 million in yearly revenue in the US alone and some estimates go up to $350 million worldwide according to a research done by The Cyber Threat Alliance (CTA). In the following sections, we will review some mitigation techniques about how to stay ahead of the curve to prevent this unfortunate scenario.