A new piece of ransomware is targeting gullible users, but its developers have made a critical mistake that should allow users to decrypt the affected files without paying the demanded ransom.
In 2013, CYREN analyzed more than four trillion security transactions worldwide – averaging 10 to 15 billion transactions per day.
Ransomware is one of the most effective means for cyber crooks to "earn" themselves huge sums of money with practically no effort, which explains its popularity with that particular crowd.
The European Cybercrime Centre at Europol published its Threat Assessment on Police Ransomware – a class of computer malware that has seen exponential growth in the European Union over the last two years.
At least 10,331 successful installs of ICEPOL Trojan ransomware took place in the UK last year.