Bitcoin Ransomware Extortionists Strike Canadian University & Demand $29,000

BitsPlan

 

Ottawa-based Carleton University in Canada is the latest institutional target of ransomware hackers who struck the university’s IT network, potentially compromising any Windows-based computer with access to the university’s main network. Encryption-based ransomware fundamentally blocks access to victims’ files on local storage media and only allows access when a decryption key is entered, typically delivered in return for a ransom.

The institution’s IT department confirmed the ransomware attack upon its network with a post on social media yesterday at 11 AM local time:

The IT department is recommending all users with Windows systems to shut down their computers.

 

The alert also added:

Individuals may see ransomware messages appear on their screens, demanding payments via bit coins.

 

The IT department is urging

Read more ... source: CryptoCoinsNews