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The Rise of Ransomware

By Aisling McMorrow on June 4, 2015
Posted in Cyber Risk & Data Privacy

Researchers at McAfee have discovered a new “ransomware-as-a-service” tool on the darknet. This tool, named "Tox", allows criminals to automatically create ransomware. Once the victim’s device is infected, the ransomware begins to encrypt their hard drive, allowing the criminal to demand a ransom in exchange for the encryption key. Continue Reading The Rise of Ransomware

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