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Re: Can someone explain ransomware?


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Posted by Howard H. on May 24, 2017 at 16:56:26 from (164.58.150.65):

In Reply to: Can someone explain ransomware? posted by Fritz Maurer on May 24, 2017 at 16:06:50:


A few years ago - when the virus tended to be delivered by email (these days, it is just as likely to be a booby-trapped webpage or a direct network infection) - a client of mine got hit. They found out that their backup system had jumped the tracks a few weeks before - and they lost a couple hundred thousand files on the server. It looks for any data like Word documents, Excel files, pictures, QuickBooks files, etc, etc...

We scrambled to buy some bitcoin before the ransom deadline hit - and got their website paid just in time. The website was located in Kazakhstan and with the ~$600 in bitcoin we made an anonymous digital-wallet to digital-wallet direct transfer. A couple of minutes later (while we waited anxiously wondering if we had just wasted our money) a page on the ransom website opened and let us download a tiny little file (the "cure" program) and the key - which was about a page and a half long "password" specific to our data kidnapping.

The download happened so fast I thought they had scammed us at first, but it was a real cure. It took 3 PCs cranking for almost a week to retrieve all the data, but we got close to 100% of it back.

The ironic thing is/was - with the recent rise of value in bitcoin - and the fact that we over-bought for the ransom itself and then hung onto it just for fun - means we have close to $1,500 worth of extra bitcoin now...


This article gives a rough outline of why anonymous digital currency has gone hand-in-hand with the ransomware threat over the past few years:

https://www.theguardian.com/technology/2017/may/15/digital-gold-why-hackers-love-bitcoin-ransomware


It is a big threat and seems to be worse now than when we first ran into it 4-5 years ago. It is nothing to mess with - if you get hit, the options are 1) go to your backups, 2) pay the ransom and hope for the best, or 3) start retyping everything... :(

Howard


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