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When Paying Out Doesn’t Pay Off

Talos recently observed a new ransomware variant targeting users. This ransomware shows that new threat actors are continuing to enter the ransomware market at a rapid pace due to the lucrative nature of this business model. Ranscam is one of these new ransomware variants. It lacks complexity and also tries to use various scare tactics to entice the user to paying. One such method used by Ransc is to inform the user they will delete their files during every unverified payment click, which turns out to be a lie.”]

Source: https://blog.talosintelligence.com/2016/07/ranscam.html

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