17 Oct '13, 7pm

This malware holds your encrypted data ransom for Bitcoins

This malware holds your encrypted data ransom for Bitcoins

Nov. 12 - 13, 2013 San Francisco, CA Tickets On Sale Now Criminals are taking your data, tying it up with some major encryption, and then throwing it back at you, saying, “You pay me, and I’ll decrypt your precious information.” And, of course, these guys are looking for Bitcoin in addition to other forms of currency. Sarah_Ackerman/Flickr The Grinch sneaks into every house, stealing everything. CryptoLocker, the malware these criminals are using, slithers into your systems through phishing e-mail. Your unsuspecting employee might open one of these fateful attachments, and then it’s all downhill from there. The malware is like the Grinch on Christmas Eve, silently going from file to file, stealing everything it can, and heavily encrypting it so you can’t access it again. When the Whos found their presents gone, they sang a song of “We can survive without gifts!” You? No, y...

Full article: http://venturebeat.com/2013/10/17/cryptolocker-bitcoin/

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