Friday 25 March 2016

Hackers hold data hostage in ‘Ransomware’ scam

TAMPA, FL (WFLA) — Hackers are holding data hostage, and demanding ransom for access to your own personal computer files in a scam called “Ransomware.” A local cyber-security expert calls it an epidemic.

“They’re making boatloads of money. This is a very successful criminal business model,” said Stu Sjouwerman, Founder and CEO of KnowBe4, Inc.

Sjouwerman admits it’s a huge problem for businesses in Tampa Bay, but individuals can be targets too. While PC users are more vulnerable, hackers recently successfully targeted Mac computers.

“It’s very evil,” said James Ullery, President of LEDtampa.

Ullery’s company fell victim to Ransomware last year. Files were encrypted and the hackers demanded payment within 12 hours, or the ransom would increase. For the full article click here 



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