Developer Creates Solution for Bitcoin Ransomware
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....
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Bitcoin ransomware has been a thorn in the eye of many digital currency enthusiasts, and security experts have had a hard time coming up with solutions. Throughout the years, there have been various ransomware strains, all of which brought something new to the table and making it harder to be removed from an infected computer. But the latest solution by Bitdefender may put an end to most of the misery. A Solution To Bitcoin Ransomware? It is hard to ignore the damage caused by Bitcoin ransomware over the past few years, as there have been so many attacks against individual users,....
Petya is one of the most recent strains of Bitcoin ransomware that has been wreaking havoc in various countries. But that may be coming to an end, now that security experts from Leostone have come up with a software solution to bypass the ransom demand. Bypassing The Petya Bitcoin Ransom Demand. Despite only being in circulation for little over two weeks so far, the Petya Bitcoin ransomware has proven to be particularly nasty so far. Not only does this malware encrypt files on the computer itself, but it performs the same action on any backups the user might have. In the end, this forces....
A group of online hackers is using their sense-of-humor – and an indisputable love for Saw movie series – to rob people off their Bitcoin. The said group has launched a notorious ransomware attack on personal and private computer networks all across the world. Amusingly, the ransomware is named after the antagonist of the SAW series – the trike-riding menace known as Jigsaw. According to the available reports, the said bitcoin ransomware is beating even its predecessors in terms of intimidation. The malware creates a sense of urgency among the victims by deleting files until the ransom....
As the summer draws ever closer, the chances of getting a computer infected with malicious software seem to increase exponentially. The latest version of Cerber ransomware is introducing new challenges for security experts. Malware factory has been introduced, which creates different versions of Cerber every 15 seconds. Cerber Becomes Completely Random. To this very date, Cerber is the most feared and destructive type of Bitcoin ransomware in circulation. Developers of this malware threat are becoming more crafty than ever before, and they keep updating the source code as well. In the....
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.....