It’s bad when hackers lock up computers and hold them for ransom — but it’s about to get a whole lot worse. My first freelance article for the Tribune-Review delves into this frightening new world where hackers don’t want your bitcoin and they’re interested in deleting more than your files…
As bad as it seemed when hackers locked up computer systems at Los Angeles’ Hollywood Presbyterian Medical Center in February, demanding a $17,000 ransom, the attack could have been much worse, experts tell the Tribune-Review.
The cybercriminals used so-called ransomware that seeks victims through emails and websites, then locks their computer equipment until they pay a ransom.
When a victim pays the ransom — typically in digital bitcoins — the thieves provide a digital key to unlock the system. Yet hackers who aren’t motivated by money could refuse to offer a key, said Brian Nussbaum, a former security intelligence analyst who teaches computer security at State University of New York at Albany.
“There is certainly the potential for you to have organizations where the data is simply gone,” Nussbaum said. Read the full story here.