Locky ransomware becomes the commonly seen type
A new family of ransomware ‘Locky’ that emerged in the last few weeks has quickly made a mark for itself. Computer security companies say it has become a commonly seen type of ransomware, which is used to hold a computer’s files hostage pending a ransom payment. Trustwave’s SpiderLabs revealed that 18 percent of 4 million spam messages it collected recently were ransomware-related, including many linked to Locky.
The FBI has warned that ransomware has become one of the biggest threats to consumers and businesses. Although some ransomware writers made mistakes in their code early on, there’s usually no way to recover the files if the decryption key is not released.
The ransom is usually a few hundred dollars, with detailed instructions displayed to victims for how to pay in bitcoin. Security experts generally recommend backing up files to recover from a ransomware attack and ensuring the backup drive can’t be reached by malware