Cryzip Trojan Encrypts Files, Demands Ransom

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http://www.eweek.com/article2/0,1759,1937408,00.asp

Virus hunters have discovered a new Trojan that encrypts files on an infected computer and then demands $300 in ransom for a decryption password.

The Trojan, identified as Cryzip, uses a commercial zip library to store the victim's documents inside a password-protected zip file and leaves step-by-step instructions on how to pay the ransom to retrieve the files.
 
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