Ransomware, What you need to know.

[Techmomof2]

Of course y'all know this, but a reminder:
https://nakedsecurity.sophos.com/2016/0 ... d-to-know/

“Locky” feels like quite a cheery-sounding name.

But it’s also the nickname of a new strain of ransomware, so-called because it renames all your important files so that they have the extension .locky.

Of course, it doesn’t just rename your files, it scrambles them first, and – as you probably know about ransomware – only the crooks have the decryption key.

You can buy the decryption key from the crooks via the so-called dark web.

The prices we’ve seen vary from BTC 0.5 to BTC 1.00 (BTC is short for “bitcoin,” where one bitcoin is currently worth about $400/£280).

[awesome guy]

All bitcoin transactions are trackable right? So just find out who received the money and send a cruise missile to the address.

[ieatbacon]

All bitcoin transactions are trackable right? So just find out who received the money and send a cruise missile to the address.

Not exactly. All bitcoin transactions are recorded in a public ledger, but tying the bitcoin wallet involved in the transaction to a physical identity is extremely difficult.