Cybercriminals gangs are creating a surge in ransomware, says a new report from Symantec.
Ransomware is a type of malware best described as an online extortion racket. Malware locks or disables your PC in some way and then demands payment in the form of a "fine" to render your PC usable again. Like most scams, the ransomware message claims to come from a legitimate organization, such as the government or a public corporation, to try to convince victims that they did something wrong to incur the fine.
But paying the fine does nothing since the initial malware remains on the PC and must still be manually removed.