Ransom fee
I'm curious. If you are crypto-locked and pay the ransom fee, do they send instructions for unlocking the drive?
Security researchers at Trend Micro reckon that Blackhole, cybercrooks' preferred tool for running drive-by download attacks from compromised websites, is no longer being updated. This means the utility - which was available for rent at around $50 a day - has quickly gone stale. Nature abhors a vacuum, though, and malware- …
It's extortion pure and simple and we should never give in to extortion, as it only encourages more of the same. However if faced with the ruin of your business, most people would have no choice but to pay the ransomers.
I wouldn't mind if scams like this caused everyone to start backing up, but they don't. The ones who've been stung do, but nobody else will (even those reading Cryptolocker news items and going "tut tut!). Which means Ransomeware is a Proven and Successful Business Model.