Ransomware : Encrypts Files & Asks Money to Unlock

CNN reports thar security researchers at San Diego-based Websense Inc. uncovered a unusual plot when a corporate customer fell victim to an infection which encrypted files that included documents, photographs and spreadsheets and a ransom note left behind included an e-mail address. Later the attacker demanded $200 for the digital keys to unlock the files.”

“Leading security and antivirus firms this week were updating protective software for companies and consumers to guard against this type of attack, which experts dubbed “ransom-ware.”

“Experts said there were no widespread reports the new threat was spreading, and the Web site was already shut down where the infection originally spread. They also said the hacker’s demand for payment might be his weakness, since bank transactions can be traced easily.”

Spyware, Malware, Viruses, Worms, Phishing and now Ransomware! Fix one and a new one arrives.