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How Cyber thugs are taking data hostage

Marriage therapist Valerie Goss turned on her computer one day and found that all of her data was being held hostage. Malicious code referred to as “ransomware” had encrypted her files and locked them away. Cyber criminals demanded $500 in hard-to-trace virtual currency Bitcoin to give her the key. The ransom would jum

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How Cyber thugs are taking data hostage

Marriage therapist Valerie Goss turned on her computer one day and found that all of her data was being held hostage. Malicious code referred to as “ransomware” had encrypted her files and locked them away. Cyber criminals demanded $500 in hard-to-trace virtual currency Bitcoin to give her the key. The ransom would jump to $1,000 in Bitcoin if Goss took more than a day to pay. “I felt shocked; like I had been robbed,” the Northern California therapist said. “And, I felt pressed for time to make a rational decision. It felt so surreal.” After online research by her son revealed that in a quarter of more of ransomware cases victims never see their files again even if they pay, Goss refused to pay. Instead, she bought a new computer and fortified...

Source: nyakundireportblog