Malicious programs such as Cryptolocker, Cryptowall, and Reveton uses "ultra secure" encryption algorithms to encrypt victims' data, and the key to decrypt data can cost victims from $200 to $10,000.
2015 Cyber Security Summit on Wednesday, Assistant Special Agent Joseph Bonavolonta, who oversees the FBI's Boston office, advised the companies infected with ransomware to better pay up the ransom
, according to a recent report
by Security Ledger.
Quote:"The ransomware is that good," said Bonavolonta. "To be honest, we often advise people just to pay the ransom."
Cryptowall – currently the most widespread malware used – alone made criminal hackers over 18 Million in dollars from April 2014 to June 2015.