Hackers can hold your files hostage..

“Computer users already anxious about viruses and identity theft have a new reason to worry: hackers have found a way to lock up the electronic documents on your computer and then demand $200 (about R1 200) over the Internet to get them back.”

Wow.. this is asinine. Symantec compared it to having a goon come into your house, and put your valuables in a safe, and hide the combination code. Anti-Virus companies, such as Symantec are already working on updates to their software, for this ‘ransom-ware’. Read more at iol.