Ransom, the 21th centrury story




Two ransomware cases were reported recently, both involved a Trojan control access to computer. The trend of cybersecurity is going from phishing to ransomware and it is alarming as these ransomware will cause real damages.

16 March PCworld
27 April Yahoo News

As I am working in a bank, I notice that both cases relied on money transfer company(Western Uinion & e-Gold) for their operations. The convenient e-payment infrastructure is one of the factors for this type security incidence. The Torjan instructed victims to deposit money via this money transfer company and their computer/file will be unlocked. If the criminals are able to open a large amount of money transfer account for large scale operation, it will be a real danger to the Internet.

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