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Home : November 12 2012 Computer News : Malware ransom draws big bucks, says a Symantec analysis

Malware ransom draws big bucks, says a Symantec analysis

November 12, 2012

The problem of ransom malware has reached epidemic proportions and could be extracting fraudulent payments from as many as 3 percent of victims, a Symantec report has calculated. In a world already afflicted by botnets, banking Trojans, and established problems such as keyloggers and spam, ransomware—programs that "lock" victims' computers or files until a ransom payment is made—has grown into a major problem, with surprisingly little coverage from security vendors until recently. Symantec's report Ransomware: A Growing Menace [PDF] attempts to shed more light on the problem and comes up with some disturbing findings. The scams uncovered by the trawl are remarkable for the scale of their ambition, the localization they employ to help dupe victims and the sheer aggressiveness of their tactics. To read this article in full or to leave a comment, please click here

Link: http://news.techworld.com/security/3410078/ransom-malware-gangs-making-huge-profits-symantec-discovers/
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