A new kind of malware circulating on the Internet freezes a computer and then asks for a ransom paid through the Western Union Holdings money-transfer service.A sample of the Trojan horse virus was sent Wednesday to Sophos, a security vendor, said Graham Cluley, senior technology consultant. The malware, which Sophos named Troj/Ransom-A, is one of only a few viruses so far that has asked for a ransom in exchange for releasing control of a computer, Cluley said.The new Trojan falls into a class of viruses described as “ransomware.” The schemes had been seen in Russia, but the first one appeared in English just last month.“It is a new kind of malware with a particularly nasty payload,” Cluley said. It’s unclear how the Trojan is being spread, although Sophos is investigating, Cluley said. Viruses can be spread in several ways, including through spam or a so-called drive-by download that exploits a browser vulnerability when a user visits a malicious website.Once run, the Trojan freezes the computer, displaying a message saying files are being deleted every 30 minutes. It then gives instructions on how to send US$10.99 via Western Union to free the computer. Hitting the control, alt and delete keys will not affect the bug, the virus writer warns. Sophos provides further details online. The virus writer even offers tech support, Cluley said. If the method of unlocking the computer doesn’t work after the money is sent, the virus writer promises to research the problem and includes an e-mail address.Last month, a Trojan emerged that encrypts a user’s documents and then leaves a file demanding $300 in exchange for the password to access the information. Victims were instructed to send money to one of 99 accounts run by e-gold, a company that runs a money-transfer site. The password, however, was contained on the infected computer. Sophos cracked it and publicly released it.-Jeremy Kirk, IDG News ServiceFor related news coverage, read New VoIP Phishing Scheme ID’d, Blocked by Cloudmark. Check out our CIO News Alerts and Tech Informer pages for more updated news coverage. Related content feature 13 essential skills for accelerating digital transformation IT leaders too often find themselves behind on business-critical transformation efforts due to gaps in the technical, leadership, and business skills necessary to execute and drive change. By Stephanie Overby Jun 05, 2023 12 mins Digital Transformation IT Skills tip 3 things CIOs must do now to accurately hit net-zero targets More than a third of the world’s largest companies are making their net-zero targets public, yet nearly all will fail to hit them if they don’t double the pace of emissions reduction by 2030. This puts leading executives, CIOs in particul By Diana Bersohn and Mauricio Bermudez-Neubauer Jun 05, 2023 5 mins CIO Accenture Emerging Technology case study Merck Life Sciences banks on RPA to streamline regulatory compliance Automated bots assisted in compliance, thereby enabling the company to increase revenue and save precious human hours, freeing up staff for higher-level tasks. By Yashvendra Singh Jun 05, 2023 5 mins Digital Transformation Robotic Process Automation feature Expedia poised to take flight with generative AI CTO Rathi Murthy sees the online travel service’s vast troves of data and AI expertise fueling a two-pronged transformation strategy aimed at growing the company by bringing more of the travel industry online. By Paula Rooney Jun 02, 2023 7 mins Travel and Hospitality Industry Digital Transformation Artificial Intelligence Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe