Technology

A Scary New Malware is on the Rise — Here’s How to Protect Yourself

This is one message that may appear if your computer becomes infected with ransom ware. (Courtesy of McAfee Labs Threat Report)
This is one message that may appear if your computer becomes infected with ransom ware. (Courtesy of McAfee Labs Threat Report)

(Business Insider) – A scary malware is on the rise and it could end up costing you a fortune.

Ransomware, which is a type of malware that holds your mobile phone, computer, or certain files on your computer hostage until money is paid, is increasingly becoming a cyber criminal’s favorite kind of weapon.

In fact, there was a 165% increase in new ransomware during the first quarter of 2015, according to a data published Tuesday by the security firm McAfee.

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