Dark Reading: New ‘Ranscam’ Ransomware Lowers The Bar But Raises The Stakes

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Cisco Talos researchers discover new variant that doesn't decrypt your files after you pay up--it has already deleted them.

7/11/2016
By Kelly Jackson Higgins

Ransomware variants are multiplying like rabbits: while some are more sophisticated and tougher to combat, others are more about scamming than kidnapping. Take the new Ranscam malware discovered by Cisco’s Talos team, a low-tech but highly destructive attack that demands ransom from its victims but never returns them their files because it actually deleted them.

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