Ransomware is malware that takes over your computer and holds it hostage and demands payment before your computer will function properly again. Ransomware seizes control of the computer, can terminate programs, encrypts data so it will not open up, and makes programs inaccessible – except to reach locations which allow you to pay the ransom. You’ve been Jacked!
Symantec released new research highlighting widespread “ransomware” scams in Europe, the U.S., and Canada. The research estimates cybercriminals are *extorting* millions each year from victims. The full research can be read here.