USA HISTORY

Detailed explanation-1: -Ransom is the money demanded for the release of a captive.

Detailed explanation-2: -The term “ransom payment” means the transmission of any money or other property or asset, including virtual currency, or any portion thereof, which has at any time been delivered as ransom in connection with a ransomware attack.

Detailed explanation-3: -a large amount of money that is demanded in exchange for someone who has been taken prisoner, or sometimes for an animal: a ransom demand/note. They demanded a huge ransom for the return of the little girl whom they had kidnapped. The gang held the racehorse to/for ransom.

Detailed explanation-4: -Ransom kidnapping refers to a situation in which the overriding purpose for the act is a payment (usually a sum of money) for the release of the hostage and the enrichment of the perpetrators.

Detailed explanation-5: -Kidnap: the seizure and holding of an insured person for the purpose of demanding a ransom. Extortion: demands for ransoms coupled with the threat to kill or injure persons, damage property, contaminate products, disclose commercial secrets or private information or to destroy data by means of computer viruses.