Thieves Are Using Ransomware Programs to ‘Kidnap’ People’s Data Until They Pay

John Dyer has a report on ransomware with some interesting statistics:

An October study by Cisco Systems’ Talos security unit estimated that unnamed hackers using Angler Exploit — just one of a handful of commonly used ransomware bugs — netted $60 million annually. In December, a Kaspersky Lab report found that ransomware infections doubled last year compared to 2014. The lab found ransomware on 50,000 corporate machines. And researchers at Britain’s University of Kent found that 41 percent of victims of ransomware software CryptoLocker paid to recover files.

Read more on Vice.

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