Holding your data ransom

Digital extortion, in which hackers lock out all your data and seek ransom, is a real threat today

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The employees of an ayurveda company in Amritsar recently came to office to find themselves locked out of their computers. Try as they might, they were unable to log in. Their usernames and passwords had been rendered null and void. When the company's IT team investigated, it found that the main server had been hacked and locked. Through a cryptic message, the cyber criminals let it be known that if the company wanted to retrieve its data, it would have to pay a ransom in the form of bitcoins, the digital currency, at its current exchange rate. This is not the first such case of ...

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Holding your data ransom