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Ransomware no cause for New Year celebration: Sophos

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(Phys.org) —From operating systems on desktops to software and peripherals on smartphones, information thieves have been clever, inventive and successfully stealthy in finding pathways for stealing personal information. Malicious software is alive and well; one only has to glance at the daily headlines reporting on security exploits in government and the private sectors. A new report from the security firm Sophos, "Security Threat Report 2014," calls attention to the latest types of security headaches. They include ransomware, the type of malicious software that locks you out of your computer or your data and demands money to let you back in. Ransomware itself is nothing new, as a ploy to make files inaccessible, and then demanding money from the victim before the attackers hand back control of the system to the victim.

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