Inside a Ransomware Money Machine

tsu doh nimh writes "The FBI is warning that it's getting inundated with complaints from people taken in by ransomware scams that spoof the FBI and try to scare people into paying 'fines' in lieu of going to jail for having downloaded kiddie porn or pirated content. KrebsOnSecurity.com looks inside a few of the scams in the FBI alert, and it turns out it only takes 1-3 percent of victims to pay up to make it seriously worth the fraudsters' while."