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Ransomware Is On The Rise

WheezyJoe (1168567) writes | about a year and a half ago

Crime 0

WheezyJoe writes "Ransomware is becoming big enough that the NY Times is covering it. Essentially online extortion, ransomware involves infecting a user’s computer with a virus that locks it, scours the drive for personal info, and demands money before the computer will be unlocked. In some countries, the payout rate has been as high as 15 percent. Early variations of ransomware locked computers, displayed porno, and, in Russian, demanded a fee to have it removed. Now, fake messages from local law enforcement accuse victims of visiting illegal pornography, gambling or piracy sites and demand fines to unlock the computer, many originating from sites hacked from GoDaddy. 'This is the new Nigerian e-mail scam... We’ll be talking about this for the next two years.'"
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