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New Ransomware Strain Hits the Chinese Web; Infects 100K PCs

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More than 100,000 Chinese users have had their Windows PCs infected with yet another strain of ransomware that encodes their records and files all the while requesting a 110 yuan (~$16) ransom. The inadequately composed ransomware is known to have been scrambling local documents and taking credentials for various Chinese online services.


As of now there has been no threat made to international users as the ransomware is only determined to focusing on the Chinese web only.


The individual or the group behind the activity are only utilizing Chinese-themed applications to appropriate the ransomware by means of local sites and discussions at the same time asking for ransom payments through the WeChat payment service, just accessible in China and the contiguous areas.



A report from Chinese security firm Huorong, the malware, named 'WeChat Ransom' in a few reports, came into existence on December 1 and the quantity of infected systems has developed to more than...(continued)
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