Colleague Jeffrey Mincey:
You can be forgiven if you haven’t heard the latest bad news to hit the technology industry. No, it’s not the FBI trying to hack into your iPhone. It’s a thing called ransomware. It’s a thing. And it’s dangerous.
What is ransomware?
A type of malware that restricts access to the infected computer system in some way, and demands that the user pay a ransom to the malware operators to remove the restriction. Some forms of ransomware systematically encrypt files on the system’s hard drive, which become difficult or impossible to decrypt without paying the ransom for the encryption key, while some may simply lock the system and display messages intended to coax the user into paying. Ransomware typically propagates as a trojan, whose payload is disguised as a seemingly legitimate file
Are you at risk?
Ransomware is on the rise, a growing threat to companies and their IT systems, as well as software vendors with applications that are notoriously, uh, well, easy to hack… Macs are on that list. In the case of the Flash ransomware the malware encrypts data, locks up an infected computer, then demands a payment (which ranges from $200 to $600 for each infected device).
Want your Mac back? Pay up.