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Old 30-10-13, 09:08   #1
 
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Important Ransomware:This New Malware is So Dangerous

Ransomware: Why This New Malware is So Dangerous and How to Protect Yourself

HTG 30 Oct 2013




Ransomware is a type of malware that tries to extort money from you. One of the nastiest examples, CryptoLocker, takes your files hostage and holds them for ransom, forcing you to pay hundreds of dollars to regain access.


Most malware is no longer created by bored teenagers looking to cause some chaos. Much of the current malware is now produced by organized crime for profit and is becoming increasingly sophisticated.


How Ransomware Works

Not all ransomware is identical. The key thing that makes a piece of malware “ransomware” is that it attempts to extort a direct payment from you.
Some ransomware may be disguised. It may function as “scareware,” displaying a pop-up that says something like “Your computer is infected, purchase this product to fix the infection” or “Your computer has been used to download illegal files, pay a fine to continue using your computer.”
In other situations, ransomware may be more up-front. It may hook deep into your system, displaying a message saying that it will only go away when you pay money to the ransomware’s creators. This type of malware could be bypassed via malware removal tools or just by reinstalling Windows.
Unfortunately, Ransomware is becoming more and more sophisticated. One of the latest examples, CryptoLocker, starts encrypting your personal files as soon as it gains access to your system, preventing access to the files without knowing the encryption key. CryptoLocker then displays a message informing you that your files have been locked with encryption and that you have just a few days to pay up. If you pay them $300, they’ll hand you the encryption key and you can recover your files. CryptoLocker helpfully walks you through choosing a payment method and, after paying, the criminals seem to actually give you a key that you can use to restore your files.
You can never be sure that the criminals will keep their end of the deal, of course. It’s not a good idea to pay up when you’re extorted by criminals. On the other hand, businesses that lose their only copy of business-critical data may be tempted to take the risk — and it’s hard to blame them.


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Protecting Your Files From Ransomware

This type of malware is another good example of why backups are essential. You should regularly back up files to an external hard drive or a remote file storage server. If all your copies of your files are on your computer, malware that infects your computer could encrypt them all and restrict access — or even delete them entirely.


When backing up files, be sure to back up your personal files to a location where they can’t be written to or erased. For example, place them on a removable hard drive or upload them to a remote backup service like CrashPlan that would allow you to revert to previous versions of files. Don’t just store your backups on an internal hard drive or network share you have write access to. The ransomware could encrypt the files on your connected backup drive or on your network share if you have full write access.

Frequent backups are also important. You wouldn’t want to lose a week’s worth of work because you only back up your files every week. This is part of the reason why automated back-up solutions are so convenient.

If your files do become locked by ransomware and you don’t have the appropriate backups, you can try recovering them with ShadowExplorer. This tool accesses “Shadow Copies,” which Windows uses for System Restore — they will often contain some personal files.

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How to Avoid Ransomware

Aside from using a proper backup strategy, you can avoid ransomware in the same way you avoid other forms of malware. CryptoLocker has been verified to arrive through email attachments, via the Java plug-in, and installed on computers that are part of the Zeus botnet.
  • Use a good antivirus product that will attempt to stop ransomware in its tracks. Antivirus programs are never perfect and you could be infected even if you run one, but it’s an important layer of defense.
  • Avoid running suspicious files. Ransomware can arrive in .exe files attached to emails, from illicit websites containing pirated software, or anywhere else that malware comes from. Be alert and exercise caution over the files you download and run.
  • Keep your software updated. Using an old version of your web browser, operating system, or a browser plugin can allow malware in through open security holes.


  • If you have Java installed, you should probably uninstall it.





Ransomware — CryptoLocker in particular — is brutally efficient and smart. It just wants to get down to business and take your money. Holding your files hostage is an effective way to prevent removal by antivirus programs after it’s taken root, but CryptoLocker is much less scary if you have good backups.
This sort of malware demonstrates the importance of backups as well as proper security practices. Unfortunately, CryptoLocker is probably a sign of things to come — it’s the kind of malware we’ll likely be seeing more of in the future.
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Old 03-07-19, 10:54   #2
 
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Movies REvil: Ransomware Gang Websites Disappear From NET

Ransomware Cyber Attacks are Targeting Large Companies and Demanding HUGE Payments.

BBC News, 3 July 2019


A Norwegian aluminium producer is recovering after hackers took 22,000 computers offline at 170 different sites around the world.

Norsk Hydro refused to cave in to the cyber criminal's demands for money and have spent Ł45m trying to restore their business to full strength.

The attack comes as evidence grows that hackers are getting paid off in secret by large organisations who want an easy way out.



The BBC's Cyber-security reporter Joe Tidy reports....



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Old 08-06-21, 07:21   #3
 
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Important Ransomware Attacks Out of Control, Exceeding $265 Billion by 2031.

The Cost of Ransomware Attacks Worldwide Will Go Beyond $265 Billion in The Next Decade

The cost of ransomware incidents worldwide is expected to spiral out of control, exceeding $265 billion by 2031.

The Guardian UK 8 JUN 2021


Ransomware is now one of the most potentially damaging -- and a very popular -- types of malware. If ransomware lands on a vulnerable system, files are usually encrypted, users are locked out, and payment is demanded, usually in cryptocurrency, in return for a decryption key.

In a more recent evolution of the applications of ransomware, operators will also steal information during an attack and will threaten to publish this information on leak sites on the dark web or sell it on, doubling the pressure for victims to pay up.

At present, some of the most well-known groups that have turned ransomware into a lucrative 'business' opportunity are Maze, Nefilim, Clop, and DarkSide, the latter of which left the scene -- at least, under that name -- after extorting Colonial Pipeline out of $4.4 million following a devastating attack that disrupted fuel supplies across the United States.

Cybersecurity Ventures predicts that the damage caused by ransomware could cost the worldwide stage $265 billion by 2031, based on this type of cybercrime attacking both enterprises and consumers at a rate of one attack every few seconds.

Currently, the cybersecurity agency estimates that ransomware will cost us approximately $20 billion this year, a 57x jump from 2015.

The latest estimates released by the company have been generated based on a 30% growth in incidents year-over-year.

Ransomware infections can result in costly insurance premiums and payouts, the need to hire cyberforensics firms to investigate incidents, damage limitation or system repair, data loss, and potentially payments made to attackers to retrieve critical systems or prevent data from being leaked.

The latest estimate also includes during and post-attack business disruption, reputational harm, and the expense of employee training following a ransomware incident.

Palo Alto Networks suggests that ransomware payouts alone have surged from $115,123 in 2019 to $312,493 in 2020, a 171% year-over-year increase. The largest demand recorded in recent years is $30 million.

Despite government officials across the globe becoming involved, including figures such as US President Biden who recently signed an executive order demanding that federal agencies work toward improving the country's cybersecurity posture, ransomware incidents are only becoming worse.

"Despite authorities' recent success in busting several ransomware gangs, this particular breed of malware has proven to be a hydra -- cut off one head and several appear in its place -- and all signs are that the coming decade will be no less problematic," Cybersecurity Ventures noted.




Ransomware: Do these three things to help protect your network from attacks > ZDNet

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Old 14-07-21, 12:13   #4
 
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Movies Re: REvil: Ransomware Gang Websites Disappear From NET

REvil: Ransomware Gang Websites Disappear From Internet
Websites for a Russian-linked ransomware gang blamed for attacks on hundreds of businesses worldwide have gone offline.

BBC, 14 JUL 2021





Monitors say a payment website and a blog run by the REvil group became suddenly unreachable on Tuesday.


The reason behind the disappearance is unknown, but has sparked speculation that the group may have been targeted deliberately by authorities.

It comes amid growing pressure between the US and Russia over cyber-crime.

US President Joe Biden said he raised the issue with Vlamidir Putin during a phone call on Friday, after discussing the subject during a summit with the Russian president in Geneva last month.

Mr Biden told reporters that he had "made it very clear to him...we expect them to act" on information and also hinted the US could take direct digital retaliation on servers used for intrusions.

The timing of Tuesday's outage has sparked speculation that either the US or Russian officials may have taken action against REvil - though officials have so far declined to comment and cyber experts say sudden disappearances of groups are not necessarily uncommon.

The development comes after a series of high-profile ransomware attacks which have hit major US businesses this year.

The FBI accused REvil - also known as Sodinokibi - of being behind a ransomware attack on the world's largest meat processing company JBS last month.

The group is considered prolific and last week demanded a huge bitcoin ransom for an attack which targeted IT firm Kaseya and hundreds more businesses worldwide.
line

A Huge Scalp Claimed


REvil is one of the most prolific and feared of all ransomware gangs and if this really is the end, it's extremely significant.

The rumour mill is in hyperdrive about what's behind this sudden shutdown but one hacker who claims to be an affiliate of the gang gave me some insights. I'm yet to confirm his identity but other researchers say his claims are highly plausible.

He claims that the US "Feds took down" elements of their websites and so they pulled the plug on the rest of their operation. He also said there was pressure from the Kremlin too saying: "Russia is tired of the US and other countries crying to them."

Like all hacker claims we have to take them with a large dollop of salt but if this scenario proves to be accurate, it shows a dramatic shift in policy from Russia which has so far been happy to sit back and let gangs like REvil operate without fear of intervention.

However another comment from my contact also hints at the bigger picture. He says he has no plans to retire and is already planning another unknown venture. "Make one go away, more will rise," he warned.
line




WHAT IS Ransomware BBC




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