Online Security Experts Warn of New Dangerous Malware

Computer users all over the world are in danger of having their machines attacked by a new cyber crook.

They are using a new type of malware that's been discovered in the Bay Area and security experts say it's a strong one capable of taking over your computer and holding it for ransom.

The warning is going out to companies as a new strain of malware just in time to hit holiday shoppers.

Nir Gaist at Santa Clara-based Nyotron discovered what is being called "Rip-Lace."

Scott Budman has more with expert advice in the video report above.

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