Hackers Find Bugs, Extort Ransom and Call it a Public Service

Posted by bob on Jun 3, 2016 1:44 AM EDT
Threatpost; By Tom Spring
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Crooks breaking into enterprise networks are holding data they steal for ransom under the guise they are doing the company a favor by exposing a flaw. The criminal act is described as bug poaching by IBM researchers and is becoming a growing new threat to businesses vulnerable to attacks. According to IBM's X-Force researchers, the new tactic it is a variation on ransomware.

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