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April 1, 2016

US, Canada Issue Rare Joint Alert on Ransomware

In a rare instance that underlines the rising threat and menace caused by ransomware, the United States Department of Homeland Security (DHS) has collaborated with the Canadian Cyber Incident Response Centre (CCIRC) to release an alert on ransomware.

The United States and Canada have released a joint cyber alert to warn citizens against cyber extortionists who engage in criminal activity through ransomware. The menace is a strain of malware that typically encrypts a target’s computer data, rendering it inaccessible. The only way to retrieve or reclaim the data is by paying a ransom, typically in an electronic currency like Bitcoin.

The alert read:

[The DHS and [...]

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