Microsoft's prediction: Ransomware like Cryptolocker will hit harder in 2014
My (explanoit's) take:
In a post to Microsoft's Security Blog on December 11th, Microsoft makes it clear it thinks ransomware is a big deal. It's on a list of 8 major predictions their top security employees have for the coming year 2014. Cryptolocker has already shown the incredible danger this threat poses to users and businesses in one of the most interesting developments of 2013. Ransomware has always had a place, but the implementation of well architectured cryptography and Bitcoin as a minimally traceable way to extract funds makes ignoring it now impossible.
Personally, I have heard from PC repair shop and IT support businesses saying they have had many customers devastated by Cryptolocker. In addition, someone I have spoken who work closely with large corporations and the government regarding cybercrime says that officials are serious about this surging class of threat.
Combining resurgent ransomware and the abandonment of fixing Windows XP security bugs makes for a very dangerous environment for anyone left behind. Do not be that person. If you are not running at least Windows Vista you are in danger come August 2014.
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