Brandon Dimmel's picture

CryptoWall Ransomware Infects 600k PCs: Report

A new form of ransomware has reportedly infected more than half a million computers in the past six months, making its creators an estimated $1 million. Ransomware is a type of malicious software (or " malware ") that takes control of a computer ... system and then holds it for ransom. In many cases, if victims do not pay the ransom, the data on the computer is encrypted and rendered unusable. The ransomware program in question is known as CryptoWall. According to Dell SecureWorks' Counter Threat Unit (CTU), CryptoWall has been spreading rapidly since late last year. In fact, in ... (view more)

Dennis Faas's picture

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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