HITBSecConf2017 Amsterdam (April 10th - 14th)
Register Online Now!
Professional Chinese hackers are responsible for U.S. ransomware attacks
Ransomware is a kind of cyber attack that’s growing in popularity. Here’s how it works: hackers infiltrate computers, encrypt files you want to have access to, and demand money from you to get them back via anonymous Bitcoin transactions.
Ransomware attacks are conducted by ordinary individuals with extraordinary computer skills, but recent developments suggest that hackers who may have otherwise worked for the Chinese government are turning to ransomware operations to supplement their fading income.
According to Reuters, these hackers use tactics and tools that are more sophisticated than usual ransomware attacks, and which have been associated with Chinese government-supported computer network attacks.