Held for ransom by the digital ‘mob’

Experts say ransomware is the future of consumer cybercrime. But you don’t have to be a helpless victim, if you are willing to invest in security

Everybody has heard of business owners forced to pay “rent” to mobsters to ensure that their building doesn’t “accidentally” burn to the ground or suffer some other deliberate misfortune.

But it could soon be average consumers who have to shell out $20 or more in Bitcoin every month to various digital “mobsters”, just to make sure their car will start in the morning or the brakes won’t fail on the highway, or so their home will stay locked during the day when they’re at work.

Copyright © 2015 IDG Communications, Inc.