[]2016-12-21]2016 China Bitcoin Ransomware Report 4.97 million PCs infected

[hl5460]

Qihu 360, the leading IT company in China, releases an annual report on the development of ransomware in China and predicts 10 times growth of potential victims or 50 million in 2017.

http://news.8btc.com/chinese-bitcoin-ransomware-report-11-9-victim-pay-to-recover-their-files

[1Referee]

No surprise. Bitcoin has been the ultimate payment tool for "getting rid" of ransom ware as is being promised when payment is completed. Right now it's either Western Union and MoneyGram that is being used for such purposes, but Bitcoin is far more interesting since it can be sent over instantly without leaving any trails behind. But I have always said it, never reward these criminals as it only gives them more incentive to continue doing this. Just make sure you at all times have an active and recent backup that you can fall back on. Just secure erase the drive, and problem solved.

[hl5460]

No surprise. Bitcoin has been the ultimate payment tool for "getting rid" of ransom ware as is being promised when payment is completed. Right now it's either Western Union and MoneyGram that is being used for such purposes, but Bitcoin is far more interesting since it can be sent over instantly without leaving any trails behind. But I have always said it, never reward these criminals as it only gives them more incentive to continue doing this. Just make sure you at all times have an active and recent backup that you can fall back on. Just secure erase the drive, and problem solved.

Wonderwing when bitcon will be used as ransomware on movie.

[just_Alice]

Qihu 360, the leading IT company in China, releases an annual report on the development of ransomware in China and predicts 10 times growth of potential victims or 50 million in 2017.

http://news.8btc.com/chinese-bitcoin-ransomware-report-11-9-victim-pay-to-recover-their-files

First I thought no wonder Qihu 360 are trying to scare people so they start using their antivirus products. But on the other hand maybe they are right in a way. There are more and more ransomware has been developed lately and who knows, maybe the number of potential victims will really reach 50 million in 2017.