Would you negotiate with terrorists?
Before you answer that, imagine a message coming up on your computer screen or smart phone that says your files have been encrypted, and you have to pay a ransom to get them “unlocked.”
Cybercrime has the chilling element of reaching you in a very tangible way.
“Ransomware” hacking, as it is called, can effect personal computers or the entire network of Fortune 500 companies. Ransom is generally $500 – $700 and is paid in “bit coin”, an online currency.
Following the paying of ransom, a code will be emailed so you can unlock your files, but they might just take their sweet time.
Shared from Yahoo News
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“We certainly are seeing ransomware as a common threat out there,” says FBI Special Agent Thomas Grasso, who is part of the government’s efforts to fight malicious software including ransomware.