Ransomware: Student and Sources

ransomware: The male student apparently learned how to create it on his own, a source said, according to The Japan Times. The student, who lives in Takatsuki, admitted to creating the malware program on Jan. 6 and uploading it to an overseas website where he lured people into downloading it via social media, the sources said. The third-year junior high school student, who was arrested the same day, is suspected of combining free encryption programs to create ransomware, which makes computer files inaccessible unless a ransom is paid, the sources said. No financial losses from the malware have been reported yet, the sources said. The student told investigators that he wanted to become famous and that the ransomware had been downloaded more than 100 times. The ransomware was designed to infect computers after download and demand payment from the victim in Japanese via digital currency. (news.financializer.com). As reported in the news.