No One Should Ever Pay to Remove a Bitcoin Ransomware Infection
For those readers unfamiliar with the concept of Bitcoin ransomware, we should take the time to briefly explain what this phenomenon is all about. Bitcoin ransomware has been a topic of substantial discussion in the media throughout 2015, and the year 2016 does not seem to be changing that anytime soon. There have been numerous reports of this type of attack against companies and individual users, even though there are a few easy steps to avoid ransomware from infecting one’s device. Bitcoin is not to blame for these attacks by any means, only the people who create this software. Although....
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The world of Bitcoin ransomware has gotten a lot more creepy now that security researchers have announced it is all but impossible to crack the encryption used by the latest strain of TeslaCrypt. Keeping in mind how this Bitcoin ransomware is being spread by infected and networks on the main media outlet websites, there is an alarmingly high possibility of infection, and no way to do anything about it but paying the ransom fee. TeslaCrypt 3.0.1 is one type of Bitcoin ransomware that nobody wants to deal with right now.
Most people around the world are well aware of the potential effect ransomware could have on their computer. But in some cases, the effects are far more dire, as a Michigan municipal utility had to shut down all of their services. However, instead of asking for a Bitcoin ransom, the Internet criminals want gift cards. Ransomware Developers Moving Away From Bitcoin? Although the world of ransomware is constantly evolving, several features and properties have remained the same through the past few years. One of those properties was how ransomware victims would have to pay a fee in Bitcoin,....
Europol, the Dutch national police, McAfee, Intel Security and Kaspersky Labs have spent this past summer helping victims of ransomware. Calling themselves the “No More Ransom Project,” the group helps people learn about ransomware and how to prevent it, as well as offering tools to help victims recover lost data. A Web Portal Dedicated to Preventing and....
It is not the first time UK hospitals are targeted by cyber criminals. Four different UK hospitals have been hit by a large-scale malware attack. Several thousands of files across these London hospitals are threatened by this malicious software. Barts, the largest NHS trust in England, is working on addressing the situation. Interestingly enough, it does not appear ransomware is used for this attack Moreover, there is no Bitcoin demand by the cyber criminals either. The attack against Barts health trust is rather disconcerting, as it is a major cyber attack against the UK hospital sector.....
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....