Virus that holds your computer to ransom
A new virus that seizes control of personal computer files and demands ransom money from the owner has been unleashed on the internet. Victims of a "ransomware" attack are unable to get access to their hard drives unless they pay off the hackers. In some versions of the fraud, computer users are told to buy drugs from an online chemist in exchange for a password that will free their files. In others, they are instructed to transfer money to an overseas bank account to prevent the program wiping the files. Although the virus can be blocked by up-to-date anti-virus software, there are concerns that many computers are unprotected.
» Telegraph.co.uk - David Derbyshire - 01-06-2006