Ransomware is a type of malware which restricts access to the computer system that it infects, and demands a ransom paid to the creator(s) of the malware in order for the restriction to be removed. Some forms of ransomware encrypt files on the system's hard drive (cryptoviral extortion, a threat originally envisioned by Adam Young and Moti Yung), while some may simply lock the system and display messages intended to coax the user into paying.
Posts about Ransomware
  • New ransomware might not be able to be paid off

    … Yesterday, a new ransomware attack swept across the globe. The attack first hit the Ukraine before affecting business in Russia, The Netherlands, The UK and the US. The ransomware known as Petya seems to have had an even bigger effect than the recent WannaCry attack. Like WannaCry, Petya asks the victims for money in Bitcoin. While a number…

    Greg's Corner- 27 readers -
  • Ransomware makes you choose between your friends or your files

    … With the WannaCry ransomware attack largely gone, news is making the rounds of another type of ransomware that is even more malicious than that. While this other attack has also come and gone, the thought process behind it is so malicious in its genius that it’s worthy of discussion. The ransomware is called Popcorn Time, and it forces you…

    Greg's Corner- 24 readers -
  • New ransomware knows you by name and address

    … New ransomware knows you by name and address Ransomware is a nasty bit of malware that can lock you out of your computer or network and will hold your files ransom until you pay a bad actor to release them. One of the more infamous ransomware incidents involved a hospital in Kansas that paid the ransom in order to regain access…

    Greg's Corner- 11 readers -
  • Can Data Security Keep Up With Fraud, Bots and Hackers?

    … and other malicious users sharing data with one another, more of these users trading or selling stolen credentials and the rise in software designed to collect even more sensitive data. Ransomware is so good at generating profit for the that it has become the target of piracy and theft itself. According to Motherboard, the leak of 3,500 potential…

    Inside Facebook- 14 readers -
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