Bitcoin now a Ransom Currency

Apr 16, 2015360TS

Bitcoin Now a Ransom Currency

A Ransomware is on the loose; CTB-Locker may be paying you an unwanted visit via email, containing attachment that is going to encrypt files on your computer, and then make a wild demand as ransom.

Victims are given 96 hours to submit a payment, otherwise all their files will be permanently and irreversibly locked. While victims’ files are in the lock-up, they are still able to view their files’ paths and names, and can even “test decrypt” some of the files chosen at random, a final tactic to convince the helpless victims that there is still hope to recover their precious data.

This Crypto virus demands 8 bitcoins in exchange for the decryption key. With today’s currency, that is about 2176 USD, the highest ransom demand seen yet so far.

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