OphionLocker Is A Shoddily Made, Copy & Paste Ransomware And That Is Frightening
OphionLocker has been making the news as the latest and scariest piece of ransomware finding its way through the web through a malvertising campaign. It has been hailed by some as a powerful piece of software that represents the next generation of cyber crime. It may in fact be that, but not for the reasons those publications think. Thanks to security bloggers who actually did their job, we now know that the media-hyped OphionLocker is actually just a mismash of ideas from older ransomware and code copied directly from a wiki. Yes, despite all the hullabaloo about elliptic curve....
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Over the course of 2015, many individuals and companies have been affected by ransomware. While this may have nothing to do with Bitcoin at first glance, there have been a few cases where the ransomware could only be removed by paying a certain fee in Bitcoin. But those days may be over now, as a decryption toolkit for various types of ransomware has been made publicly available, free of charge. CryptoLocker and CoinVault Ransomware. Two types of ransomware making headlines all across the world in recent months are called CryptoLocker and CoinVault. Both types of ransomware operate, in the....
Why is ransomware the new rage? Denis Sinegubko, the founder of Unmask Parasites and senior malware researcher at Sucuri, a network security firm, notes in a Sucuri blog that the answer to this question has to do with the way ransomware demands are paid. Unlike false anti-viruses that were mostly harmless and made people pay to remove non-existing threats, ransomware is a more serious challenge since it disables the computer unless a ransom is paid. Ransomware schemes were not available five to eight years ago. Ransomware could not accept PayPal or credit cards since those transactions are....
In a ransomware attack, it is assumed that the hackers prefer the ransom being paid in bitcoin due to the anonymous nature of its transactions. It might not be true as the hackers are probably interested in bitcoin for entirely different reasons. Bitcoin and Ransomware, these words appear more frequently in a single sentence these days than we wish for. Ransomware attacks have become a common occurrence these days. We had earlier reported the use of Advertising network by cyber criminals to propagate ransomware to the computers belonging to the readers of some of the leading news websites.....
One thing seems certain: it will become harder to detect this malicious software in the future. One of the most popular trends in 2016 has been the surge in ransomware deployment. Over the coming 12 months, this situation will only get worse. Enterprises and users are advised to take the necessary precautions to nip these attacks in the bud. In the first week of the new year, new types of ransomware have made their presence known already. KillDisk is a type of malware that has been around for some time already. A new version of this ransomware strain has security researchers concerned,....