Ransomware 2016

Computrs Inc welcomes the New Year with a warning for all computer users. This year will be known as the year of Cyberterrorism. On all fronts home users or small to medium computer network we will be seeing a substantial increase in cyber threats.

 

Last year the FBI threw up their hands and announces it was unable to protect the American Public from the threat known as CYRPTOWALL aka CRYPTOLOCKER.   For anyone who has not followed this infection it encrypts all of the files on a computer or network. The encryption key is then held for ransom starting at $500.00 on the first day and doubling the amount each day. Unfortunately there is no work around or fix for Cryptowall short of paying the ransom. If your computer backup is connected to the infected computer the backup will also become encrypted.

 

We have protected our clients for nearly 30 years from various computer issues. While the latest security issues are challenging we strive to help our clients maintain a healthy computer system.  Whether you’re running Microsoft or Apple computers we support new and outdated operating systems.

 

Ransomware In 2016: What To Look Out For
It is clear that a ransomware crime wave will surge across America and Canada. Here is what we expect will happen in 2016 and what you need to look out for:

It is clear that a ransomware crime wave will surge across America and Canada. Here is what we expect will happen in 2016 and what you need to look out for:Ransomware attacks doubled in 2015 and will double again in 2016. The U.K. is to some extent a bell-weather for the U.S. as they function as a beta test site for Eastern European cyber mafias who can test malicious code in their own time zone. Well, over half (54%) of all malware targeting UK users in 2015 contained some form of ransomware. Buckle up.

 

The use of Cryptowall 4.0 will explode, and Cryptowall V5.0 will add an actual working “feature” that the TeslaCrypt strain only threatened with: extortion by potentially publishing private personal or sensitive business files on the Internet.

 

Cryptowall will be the first strain of ransomware to hit a billion dollars in total damages.

 

Ransomware is the new APT: “Annoying Persistent Threat”, as it will be increasingly used in double-payload attacks combined with other scams.

 

Ransomware-as-a-service hosted on the TOR network and using Bitcoin for ransom payment enables a new generation of cybercrime newbies to make their mark.

 

Cyber mafias will focus on professional services firms and local government using Cryptowall as their tool and extort tens of thousands of dollars from organizations that don’t want their business disrupted or their intellectual property compromised.

 

A new sleeper ransomware variant will start to stealthily encrypt data, pull your critical files onto a C&C Server, and wait until a backup been made. At that point they will yank the encryption key and demand a much larger amount of ransom than the current 500 bucks.

 

Bonus Wild-Ass Guess: Ransomware gets bundled with worm-like malware to “brick” all the Windows endpoints and servers of a targeted organization. Cybercriminals will use this technique on a large scale, demanding millions in Bitcoins from their victims and may even offer “innovative” payment plans with protection terms.

 

 

 

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