(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.