Soaring number of computers being hijacked for ransom
Gene Panes computer abruptly stopped working, save for a jarring message that appeared on his screen.
It was a warning that said I had downloaded a virus and had to pay $199 to get rid of it, Pane, a retired business executive who lives in Carlsbad, said of the recent incident. I needed the files on my computer, so I paid. The money wont break me, but still ...
Pane had accidentally downloaded ransomware, a rapidly growing form of extortion in which hackers slyly load malicious software onto peoples computers via emails, decoy ads, bogus news stories and code embedded in all manner of websites.
Its entirely possible that well have far in excess of $1 billion in losses worldwide related to ransomware, said Special Agent Chris Christopherson, who investigates cyber crimes out of the FBIs field office in San Diego.
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