Analysis on how ransomware works

Brian Krebs offers an in-depth look at a "cashout" service used by ransomware crooks to get money from their victims. Ransomware is malicious software that encrypts your personal files and demands that you pay a ransom for the key to decrypt them; the crooks who run the attacks demand that their victims buy prepaid MoneyPak cards and send the numbers for them by way of payment. But converting MoneyPaks to cash is tricky -- one laundry, which pipes the money through a horse/dog-track betting service -- charges a 60% premium.First seen on Boingboing
Actual link on Krebsonsecurity