SAW Inspired Bitcoin Ransomware Deletes Files Every Hour

SAW Inspired Bitcoin Ransomware Deletes Files Every Hour

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....


Related News

Cerber Ransomware Offered As-a-service By Internet Criminals

Bitcoin ransomware keeps evolving, as developers want to do everything they can to outsmart security researchers. Cerber, one of the most potent forms of malware, is being offered on a ransom-as-a-service basis right now. But that is not the only new aspect about this strain of ransomware. The distribution method of Cerber has changed as well. Up until this point, this malware used to spread itself via macro-enabled Word documents. That model has undergone some changes too, as Windows Script Files are now being utilized for this particular purpose. Key Changes For Cerber Ransomware. Using....

Bitcoin Ransomware Attacks Launched through News Sites

Leading news sites were recently used to launch a bitcoin ransomware attack on unsuspecting readers. Ransomware has become the malware of the season. Other malware, viruses and trojans are things of the past. Cyber criminals seem to find bitcoin ransomware more profitable than other malicious software. The number of bitcoin ransomware attacks stands evidence to it. Bitcoin ransomware is a malware that encrypts all the files and folder on any computer it infects. Once the data is encrypted, it will show a message demanding the infected user to pay a certain amount in bitcoin to a wallet....

2016 Big Year for Ransomware – 70% Pays in This $1 Billion Industry

Up to this point, there have been two main reasons people decide to use bitcoin— either for censorship-resistant payments or as a store of value. However, in 2016, a new application for the use of Bitcoin as a censorship-resistant payment system, ransomware, experienced immense growth. According to some industry watchers the core issue with ransomware....

Bitcoin-seeking Ransomware Scam Busted

Two ransomware strains, CoinVault and Bitcryptor have been put to bed due to the joint efforts of law enforcement in Netherland and an independent cybersecurity firm. The authors of the malware sought ransom payments from victims in Bitcoin. Ransomware thieves who took Bitcoin payments in return for victims to access their files freely after their rogue file-locking methods have been put out of work. Two authors who allegedly developed the ransomware were arrested in Netherlands and Kaspersky, a cybersecurity firm has confirmed that it has amassed 14,000 decryption keys that are required....

Meet a Robin Hood-Like Bitcoin Ransomware

Just when you think that you have seen it all, a ransomware demands money for charity by encrypting all files on the user's computer.' Doing something bad with good intentions don’t make it right! Maybe no one told this to the cybercriminals behind this new Bitcoin ransomware. CryptMix, the new ransomware doing rounds on the internet extorts money out of its victims, but forwards the ransom for charity. Like any other ransomware, CryptMix encrypts the files on the victim’s computer making it unusable. According to Heimdal Security, a well-known anti-malware and cyber security software....