Cybercriminals are generating money by infecting devices with ransomware. Ransomware can come in various types, but the cybercriminals mainly use the PoliceLocker and Cryptolocker version which locks the infected device and shows a aggressive warning towards the user which is using the device.
The warning message often includes messages which claim that the user has to pay money in order to unlock the device from the Policelocker or Cryptolocker ransomware. The messages include instructions which instruct the user on how to transfer money to the cybercriminals.
The cybercriminals also include a fixed time for the victim to respond to the warning, if the time exceeds, the device will be “locked” and the cybercriminal will delete the “key” which is used to “unlock” the locked device.
In the most cases, cybercriminals will ask a ransom amount of 300~ to 1000~ and they mainly accept Bitcoin payments and money transfers via companies like MoneyTransfer.
Studies have revealed that these attacks are on the rise, and that a lot of device will get infected, because the people which operate the devices are unaware of the risks which lure on the internet.