BitCoin

Stolen passwords bait the hook in extortion scam

Extortion scammers have found a new hook to bait Internet users: old passwords. A new wave of messages that began popping up in mid-July has stepped up the ploy by showing passwords in the subject headers as attention-grabbing ‘proof’ that someone has deeply burrowed into your computer and has your personal information.

So what is virtual currency and why should businesses care?

If you have followed the growth of Bitcoin and other virtual currencies over the years, the concept of e-money may have seemed more of an interesting experiment used by hitmen and malware developers – like the much-publicized Cryptolocker (see Sinu blog, 12/1/13).