Ransomware is a malware which affects the systems data with modern encryption techniques, and the data is recovered once a ransom amount is paid. In this research, the authors show how ransomware propagates and infects devices. Live traffic classifications of ransomware have been meticulously analyzed. Further, a novel method for the classification of ransomware traffic by using deep learning methods is presented. Based on classification, the detection of ransomware is approached with the characteristics of the network traffic and its communications. In more detail, the behavior of popular ransomware, Crypto Wall, is analyzed and based on this knowledge, a real-time ransomware live traffic classification model is proposed.