Among today’s fastest-growing cybercrime epidemics is “ransomware,” malicious software that encrypts your computer files, photos, music and documents and then demands payment in Bitcoin to recover access to the files. A big reason for the steep increase in ransomware attacks in recent years comes from the proliferation of point-and-click tools sold in the cybercrime underground that make it stupid simple for anyone to begin extorting others for money.
Recently, I came across an extremely slick and professionally produced video advertisement promoting the features and usability of “Philadelphia,” a ransomware-as-a-service crimeware package that is sold for roughly $400 to would-be cybercriminals who dream of carving out their own ransomware empires.
WHY THIS IS IMPORTANT
To be in full control of our private information may be the holly grail of the Internet today. This new technology appears to solve the problem and provide a solution for all of us. For the moment in trial for developers, I can't wait to try it out....