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.
Recently, there have been several viruses going around, masquerading themselves as legitimate antivirus products that insist your computer is infected, and that you need to download/buy their product to remove what they have supposedly found on your computer.
A big trend in the virus and spyware industry in recent months has been seemingly trustworthy ads for free spyware and virus removal that is in fact malware itself. Trouble is, it looks legitimate to those that don’t know any better, and when the software is downloaded and installed, it ends up finding a lot of critical infections and offers to remove them…for a price. This is what is known as rogue software, and chances are if you’re paid for it, you’re out that money and should consider canceling your credit card.