Security experts warn of sinister new hacking scam
Security experts warn of sinister new hacking scam
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Hackers move into information kidnap

Pay up or you'll never see your data again

Tom Sanders in California, vnunet.com 25 May 2005
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Security experts are warning of a new hacking technique that attempts to extort money by encoding files on a victim's PC then demanding payment for a tool to decode the information.

In a case highlighted today by Websense Security Labs, a user was infected with a virus that used a known vulnerability in Internet Explorer. Microsoft had provided a patch which the user had failed to install.

The virus contacted a website that hosted an application to encode files on the user's hard disk. The process makes the data illegible unless the user breaks the encryption or enters a decryption key.

The attackers left a message on the affected system offering to provide a decryption key for $200. The money was to be paid into an online E-Gold account.

Cyber-extortion is a well-documented issue for enterprises. Criminals have tried to blackmail companies by threatening to launch a denial of service attack, or by stealing company databases and demanding money to prevent an embarrassing disclosure of the company's lax security.

The case highlighted by Websense, however, is the first time that internet criminals have targeted consumers on a wide scale.

All Party Internet Group calls for tougher line on hackersPressure grows for specific DoS offence and two-year jail sentence  11 Mar 2005
SecurityThe latest wave of cyber-crimes and acts of vandalism have demonstrated once again that many systems are still vulnerable to attack.  15 Apr 2004

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