Security researchers have discovered a new Android ransomware that is being spread through hacked websites as fake adobe plugins. The ransomware called DoubleLocker secures administrative permissions from the victim and then can change the device’s PIN encrypting the data which makes it nearly impossible for victims to access their data without paying a ransom. Chris Olson, CEO at The Media Trust commented below.
Chris Olson, CEO at The Media Trust:
“In today’s digital economy, cybercrime pays. Until someone is able to successfully prosecute this activity it will continue to be a lucrative prospect with little downside for the perpetrators. It’s time government authorities, attorneys general and the like actively pursue the source of these crimes and hold them accountable. Without this deterrence, the onus is on website operators and app developers to ensure their properties are secure, a difficult task that requires continuous monitoring.”