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Ransomware Schemes Expanding, Intensifying: Report

According to recent reports, the number of 'ransomware' scams being used to scare computer users into giving up some of their money is increasing. Security experts believe at least sixteen different organizations are using sophisticated schemes like ... this to extort money from people in Europe. The number of groups trying the same basic scam stateside also appears to be growing. A ransomware scam involves installing malicious software on a targeted computer and then blocking access to that computer until the victim agrees to pay a substantial sum of money. In many cases, victimized PC users ... (view more)


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