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Hacker Lexicon: A Guide to Ransomware, the Scary Hack That’s on the Rise

I've run across this more than once in my line of work recently and boy is this some bad stuff.

As we say around here: The more you know, the more you drink. 

Ransomeware is malware that locks your keyboard or computer to prevent you from accessing your data until you pay a ransom, usually demanded in Bitcoin. The digital extortion racket is not new—it’s been around since about 2005, but attackers have greatly improved on the scheme with the development of ransom cryptware, which encrypts your files using a private key that only the attacker possesses, instead of simply locking your keyboard or computer. 

And these days ransomware doesn’t just affect desktop machines or laptops; it also targets mobile phones. Last week news broke of a piece of ransomware in the wild masquerading as a porn app. The so-called Porn Droid app targets Android users and allows attackers to lock the phone and change its PIN number while demanding a $500 ransom from victims to regain access. 

Read more.

Da Boss!

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