Clicky

find scams
ABCBBCFOXCNETCBSFOX BUSINESSCTVGLOBAL TVKIPLINGERBreakfast TV

Ransomware: Computer Hostage Scam

How the scam works:

(with video below) This one is the scariest scam of this year. It's happening now. Imagine this: while you're using your computer, tablet or mobile, the screen freezes and a full-page notification reads: "Your personal files are encrypted. To obtain the private key for this computer, which will automatically decrypt files, you need to pay $300US/300 EURO, similar in another currency."

You might think is a joke or just a simple annoying popup, but you cannot even close the page or give another command! Your computer is really frozen. You can't do anything. The only active button is "Click Next to select method of payment". You even restart the device...still frozen! Thousands of victims have lost their hard-earned money in the last few weeks due to this attack. How does it work?

Watch the video below to see in action the Ransomware Computer Hostage scam exposed:

Ransomware Computer Hostage Scam Exposed Video

Let's show you how the scam works, how you can protect yourself, and take a look at some of the best antivirus software.

The Ransomware: Computer Hostage Scam is technically called Trojan.Cryptowall, which is a Trojan horse that encrypts files on the compromised computer. It then asks the user to pay to have the files decrypted. The threat typically arrives on the affected computer through spam emails, exploit kits hosted through malicious ads or compromised sites, or other malware. The craziest thing is that the crooks give you a link where you can actually see all your personal files, encrypted. In the latest version of the scam, criminals ask victims to enable the macros in a Word file they attach to their message. The malicious code itself was written in Office VBA, and closely mimics Dridex Banking Trojan infections, which are infamous for other past attacks.

Cyber criminals ask from anywhere between $300 to $10,000 and they give you a countdown, otherwise they destroy your files. The favorite method of payment for scammers is Bitcoin, which is not traceable. Just like the other reloadable cards such as MoneyPak, Vanilla Reload, Ukash, or Green Dot, Bitcoin is pure cash...online.

 

How to avoid the Ransomware Computer Hostage scam:

What would you do if you don't want your personal documents, bank accounts and passwords, or all your pictures stolen and destroyed? If it's too late and you are already in this ransomware situation you can only try to wipe out our drive and reinstall the files and software that you might have. You will need to take your computer/tablet/Android phone to a specialist.

However, if you want to protect yourself NOW, make sure you have a good, if not the best antivirus firewall software. It is wise to use and invest in the best virus and spyware protection. Nowadays they're not that crazy expensive anymore. Prevent from Cryptowall hitting your computer. If it's not too late, purchase your internet security software from legitimate and renowned providers such as Kaspersky Lab, Norton Antivirus, Malwarebytes, or Trend Micro.

If your computer is already running slow or making excessive pop-ups, you may already be infected with spyware, which you can remove with powerful computer virus protection software such as Kaspersky Total Security 2016 (for both personal use or corporate antivirus software). It's worth the investment.

 

How to protect yourself more:

If you want to be the first to find out the most notorious scams every week, feel free to subscribe to the Scam Detector newsletter here. You'll receive periodical emails and we promise not to spam. Last but not least, use the Comments section below to expose other scammers.

 

Related Articles and Pages:

Full List of Online Auction/Tech Scams

Fake Amazon Shipping Notification Scam

Free iPhone 7 Tester Scam

Buy Prescription Drugs Online

Online Reputation Management Companies Scam

Online Poker Scams

PayPal Alert Notification Scam

iTunes Billing Scam

Western Union Profile Update Scam

Child Pornography Notice Scam




Add Your Comment





Editor's Choice