Ransomware Makes It Easy For Cybercriminals To Take Your Money
Lately, this malware has been putting more cash in digital thieves' pockets.By Leah Becerra | May 14, 2016
Here's a question: What is ransomware?
Well, its name gives a pretty big hint: It's malware that can lock users out of their devices or files while demanding money — usually Bitcoin — to unlock them.
There are two main strains of ransomware: locker ransomware and crypto ransomware. The locker type actually locks users out of their devices, while the crypto version encrypts valuable files stored on devices.