CSO: Android ransomware marks profitable new era for cybercriminals

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Such ransomware has been used against PCs for years, but is unique on mobile devices, Symantec says

By Antone Gonsalves
June 21, 2013

Symantec has discovered an early version of ransomware for a mobile device that is an indication cybercriminals are planning to target smartphone users with this lucrative form of malware.

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