PandaLabs Uncovers the Cyber-Crime Black Market

Inventory is growing and prices are dropping on the cyber crime black market, according to a new report from security firm Panda Labs. Stolen banking credentials, malicious programs and stolen credit cards are all for sale online in what Panda experts say is a flourishing criminal black market...

New ransomware locks PCs, demands premium SMS for removal

From ZDNet Dancho Danchev PandaLabs is reporting on a newly discovered ransomware variant pandasecurity.comwhich locks the affected user’s PC, and demands a premium SMS in order to deactivate it. The ransomware doesn’t have any self-propagation functions and appears to be coming under the form of...