Michael Cooney
Senior Editor

Here comes ransomware

Opinion
May 25, 20051 min

moneysm1Brown.jpg
OK, this is depressing. Just yesterday we posted about companies facing DDoS extortion, and now reader Chad gives us a heads-up to a story that reports hackers are stealing your files and holding them ransom.

“This is equivalent to someone coming into your home, putting your valuables in a safe and not telling you the combination,” said Oliver Friedrichs, a security manager for Symantec Corporation.

Yowza. Read more about “ransomware” here.