Ransomware is one of the fastest growing cybercrimes in the world. If you fall victim to these types of scams you could lose precious photos, music and important documents forever. Would you pay the hefty ransom demanded by the cybercriminal?
Well now there is a new type of attack that is even scarier than ransomware in its original form, which is why it has security experts so concerned.
This particular form of malware, which has been named Ranscam, uses Windows to sneak into your system. It then freezes your system, and flashes a threatening message on your screen. (See screenshot.)
Photo credit: Arstechnica
The ransom note keeps popping-up over and over saying the payment was not verified. But this is a ruse.
The problem is that Ranscam is much different than most types of ransomware. That's because it's not actually ransomware at all. It just looks like it. If you pay the hackers' demanded fee, you'll be sorry when your computer is unlocked and you discover that your files were actually deleted.
So far, Ranscam has not been spreading at a rapid rate. But it's been enough to grab the attention of security experts.
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