24-01-2018 20:00 via newsbtc.com

Fake Cryptocurrency App Lures Victims Into Installing Ransomware

Cyber researchers at Fortinet have managed to unearth a cryptocurrency app that is actually a ransomware in disguise.
The cybersecurity firm, in its report, indicated SpriteCoin app to be a new kind of ransomware technique. It poses as a “sure-to-be-profitable” cryptocurrency, prompts targets into installing it for profits, and encrypts their files. The ransomware asks 0.3 units of Monero (~$100) to counterbalance the attack with a decryption key. But once the targets pay the sum, th
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