Hackers Attacking Computers And Demanding Ransom In Bitcoins
2013-12-03 0:00

By Julie Bort | BusinessInsider

Before you mail holiday gifts to far-away friends and relatives, back up your most important computer files. There’s a scary new computer virus called CryptoLocker that was spreading like crazy in the U.K. last month and is now crossing over to infect U.S. computers.

The National Crime Agency in the U.K. issued an alert last month saying that hackers have targeted "tens of millions" of computers.

CryptoLocker is a form of a virus called "ransomware," meaning hackers do something bad to your computer and then demand money to reverse what they’ve done. In this case, CryptoLocker encrypts the files on your computer. Then you get a pop-up notice on your computer telling you that you must pay if you want your files back.

Sometimes the hackers want $100, sometimes $300, and sometimes they want up to 2 bitcoins. They ask for bitcoins because they are difficult to trace. Sometimes the virus gives you the option of paying through MoneyPak, a site that offers pre-paid credit cards.

You might get 100 hours to pay. If you pay, maybe your files will be set free. Maybe they won’t. Maybe you’ll one day be asked to pay again.

Much of the time, the virus comes as an attachment to an email. The attachment is often a fake FedEx and UPS tracking notice, the Homeland Security Cybercrime unit warns. That’s particularly dangerous during the holiday shopping season when many people are shipping packages.

The good news is that authorities have been finding and taking down the computer systems sending out CryptoLocker emails. Reports on Monday indicated that some 138 of these systems have been found and blocked.

[...]

Read the full article at: businessinsider.com








Tune into Red Ice Radio:

Clif High - Hour 1 - Bandwidth Caps, Bitcoin, ISON & Nummo Origins

Jason Erb - Hour 1 - Economic History & Alternative Currencies

John Perkins - An Economic Hitman on Predatory Capitalism & Corporate Monopoly

Catherine Austine Fitts - Swine Flu, Vaccination & The Economy

Bill Still - Hour 1 - Fixing Greece, The Crumbling EU & Monetary Reformation

Walter Block - Hour 1 - Libertarian Philosophy & Anarcho-capitalism

Tracy Twyman - Alconomics, Money & Magic



Related Articles
UK Royal Mint Working On Plans To Issue Gold-Backed Physical Bitcoins


Latest News from our Front Page

Pressure from the United Patriots Front Stops Mosque Plan
2016-04-28 20:10
Pressure from the United Patriots Front appears to have killed off a mosque development in Narre Warren North. The City of Casey council now looks likely to withhold planning approval for the development in a special meeting set for Tuesday night. A council report, to be considered by councillors on Tuesday, recommends that the approval be blocked. The mosque opponents’ cause has been helped by councillor ...
Police face questions over the influence of the Freemasons
2016-04-28 20:48
South Yorkshire Police today face questions over whether powerful 'secret society' the Freemasons held sway over the force at the time of Hillsborough. Families of victims say that officers who were Masons were promoted into powerful positions despite being ill-equipped, including match commander David Duckenfield. Duckenfield told the fresh inquests he had been a Freemason since 1975 and became head of his ...
England Bans its Own Flag to Avoid Offending Muslims
2016-04-27 2:23
St. George's Cross "racist" towards immigrants Government officials said their city was ‘too multicultural’ to celebrate St George’s Day, England’s version of the 4th of July. The council said that displaying the English flag may have been seen as “racist” towards immigrants.
Half of Western European men descended from one Bronze Age ‘king’
2016-04-27 2:09
Half of Western European men are descended from one Bronze Age ‘king’ who sired a dynasty of elite nobles which spread throughout Europe, a new study has shown. The monarch, who lived around 4,000 years ago, is likely to have been one of the earliest chieftains to take power in the continent. He was part of a new order which emerged in ...
"Local Residents" Are Filmed Stealing Dozens of Bottles of Water at London Marathon Stop
2016-04-25 23:10
Editor's Comment: "Local" residents? Why bother blurring their faces? We know who they are. ... London marathon runners were robbed of dozens of bottled waters when thieves raided a refreshment area armed with trolleys during today's race. Nearby residents - including parents with children - were captured on camera piling up crates of free water handed out by volunteers during the 26-mile event. Marathon ...
More News »