Bitcoin Ransomware Popularity Increased Spectacularly In 2015
Bitcoin ransomware threats are once again making the headlines these days. Albeit they are now popular than screen-blocker ransomware, this is not news to be proud of by any means. Malware used on such a large scale will continue to give Bitcoin a bad reputation, even though the cryptocurrency is not at fault for these problems. There is nothing more annoying than dealing with malware that locks users out of their own computers or networks. Bitcoin ransomware has targeted individual users, enterprises, and health care networks over the past few years. Despite best efforts by security....
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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....
All of this goes to show the No More Ransom initiative is bring the heat to internet criminals. Even though the popularity of ransomware has not diminished by any means, criminals have been warned about the consequences. The threat of ransomware goes well beyond the traditional websites trying to infect computers with malicious software. Encryptor Raas, a well-known Ransomware-as-a-Service platform, decided to shut down their service for good. They also deleted the master encryption key, which means infected victims will not be able to restore file access. Paying the ransom has no use in....
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....
Although malware threats and exploit kits are a significant threat to our society, various types are showing a decrease in activity. Angler, Locky, and Dridex are the three top categories which see less interest all of a sudden. For now, it remains unclear as to why this decrease is taking place, albeit it is possible criminals are turning toward new solutions. Ransomware and malware have been the top two threats since 2015. Many institutions and consumers have fallen victim to these threats, but it looks like Dridex and Locky are slowing down regarding usage. Moreover, the Angler exploit....
Ransomware is becoming increasingly popular with hackers and cyber criminals. The ability to lock down an entire system and render it useless until a ransom has been met is quite powerful. Ransomware often requires payment in a method that is irreversible, allowing the criminals to keep any payments they received unless they are caught of course. The FBI has warned that companies might not be able to get their data back unless they pay the ransom or have backups in which they can restore the system to. Cryptolocker was incredibly prevalent for a year but was replaced by Cryptowall, a very....