Wednesday, June 01, 2005

RansomWare

Panda Antivirus (long reviled but getting better) announced a software called "SpywareNo" which performs the following lovely little antics:

1. It installs itself if you visit a website (porn, shareware, freeware and the like)
2. It "detects" spyware on your computer
3. It prompts you to purchase a subscription (usually $20/month or $60 annually)

then the fun begins

If you do not purchase the "subscription", this little jewel will encrypt your documents, cause programs to stop working and wreck havoc on your perfectly fine computer.

When you succumb to the extortion, your "threats" will magically disappear.

Stay tuned.

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