Posted by : Unknown
Monday, 17 March 2014
A malicious malware called CryptoLocker
has become the scariest threat to PC's around the world. A ransomware by
its application and use, CryptoLocker raked in around 5 million dollars
in the last 4 months of 2013, that earlier took nearly a year for cyber
attackers to acquire. Johannes B. Ullrich, chief research
officer at the SANS Institute stated that "A compromised personal
computer for a botnet or Distributed Denial of Service attack is worth
about a buck to a byte bandit." He added that cyber-criminals can easily
make 100 dollars and more with the ransomware.
Jarvis, of SecureWorks states that the CryptoLocker crew is known for
maintaining good customer relations. “They’re honoring people who do pay
the ransom. In most cases they’re sending the decryption keys back to
the computer once they receive payment successfully,” he explained. “We
don’t know what the percentage of people who successfully do that is,
but we know it’s part of their business model not to lie to people and
not do it."
What makes the malware different from other malicious software is that
it uses strong encryption. Files and documents on machines infected with
the Trojan are scrambled using AES 256-bit encryption. CryptoLocker
holds the victim's PC hostage till they pay a ransom amount.