Saturday, August 23, 2014

Android Phones Hit by ‘Ransomware’

By NICOLE PERLROTH, NYT
August 22, 2014 1:14 pmAugust 22, 2014 1:30 pm

You are guilty of child porn, child abuse, zoophilia or sending out bulk spam. You are a criminal. The Federal Bureau of Investigation has locked you out of your phone and the only way to regain access to all your data is to pay a few hundred dollars.

That message — or variations of it — has popped up on hundreds of thousands of people’s Android devices in just the last month. The message claims to be from the F.B.I., or cybersecurity firms, but is in fact the work of Eastern European hackers who are hijacking Android devices with a particularly pernicious form of malware, dubbed “ransomware” because it holds its victims’ devices hostage until they pay a ransom.

Ransomware is not new. Five years ago, criminals in Eastern Europe began holding PC users’ devices hostage with similar tools. The scheme was so successful that security experts say many cybercriminals have abandoned spam and fake antivirus frauds to take up ransomware full time. By 2012, security experts had identified more than 16 gangs extorting millions from ransomware victims around the world.

(More here.)

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