FBI calls for ransomware crackdown

The threat of ransomware was at the core of a recent FBI alert, Department of Homeland Security letter to a Senate committee and reported attack on an e-commerce company.

Ransomware infects computers through phishing attacks, malicious links or downloads. Once installed, the malware automatically encrypts documents and other data. To decrypt their data, victims must pay a ransom, generally anywhere between $200 and $10,000, usually via Bitcoin or other cryptocurrency.

This week, the FBI released an alert seeking help from businesses and security experts for emergency assistance in a ransomware investigation. The ransomware virus is a new strain called MSIL/Samas.A.

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