TechHive: With the new year comes a new wave of ransomware

TechHive helps you find your tech sweet spot. We guide you to products you'll love and show you how to get the most out of them. 
Helpdesk Ticketing System

Award-winning helpdesk system with an inbuilt KBase, forums, canned responses & more. Try super user friendly Freshdesk today. (In 2 minutes, You'll set it up!)
From our sponsors
thumbnail With the new year comes a new wave of ransomware
Jan 12th 2014, 20:40, by Randal Jackson, Computerworld New Zealand

Browsing on my PC during the festive season, I was hit with the nastiest piece of malware I've ever had to deal with. An official looking message popped up, replete with a police logo, telling me that I had in some way broken the law and was subject to jail sentences and fines. These would go away if I paid $100 to "The State" by using Ukash, a form of bitcoin.

The ransomware had locked my PC. I couldn't even start it in safe mode. A technical friend worked on it for some hours and eventually managed to install some strong anti-malware software after many attempts.

Ransomware has been around for a few years but it has become increasingly sophisticated. It's broadly known as Cryptolocker. In the UK last year, the software was demanding two bitcoins to unlock the computer, which at the time was equivalent to around $825. It was sufficient for British banks and police to put out a warning.

Symantec technology specialist Mark Shaw says the company has been tracking the growing maturity of ransomware threats since they came on the scene in 2009.

To read this article in full or to leave a comment, please click here

You are receiving this email because you subscribed to this feed at

If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions
Next Post »