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Featured Article

April 21, 2014

CryptoDefense: Nasty Ransomware, but Don't Panic about It

Have you heard of CryptoDefense? It’s the recently released ransomware that locks up Windows-based computers and encrypts the files contained therein, only spitting out the key that unlocks the machine after a ransom is paid. The malware usually infects computers after those unawares download it from spam email messages and open it unbeknownst to them.

According to recent reports, the malware is popping up on machines in both the United States and the United Kingdom, and those behind it are pulling in upwards of $38,000 each month. While the ransomware includes impressive tactics—the ransom doubles after a few days of nonpayment and forces users to send money via a network that makes it harder to trace the culprits—it’s imperative to know that a simple coding error ensures users can restore their computers without paying.

Symantec reports that the key necessary to unlock a computer is sent back to the hackers responsible for CryptoDefense, but it’s also stored on the hard drive of the infected computer—unencrypted. So while the hackers had a good idea, the plan can be derailed thanks to the lack of attention paid to the code used to write the malware.

While it is a major inconvenience, we are happy to report that users shouldn’t experience too much distress if they encounter CryptoDefense. Remember that you don’t need to panic if your computer becomes infected.

Malware, though, has the ability to severely cripple computers. If a business’ network of computers were to suffer a malware attack, the outcome could be devastating.  But thanks to the services of managed service providers, businesses can sidestep such an experience.

If you’re a business owner looking for a managed service provider in Stamford, click here to learn more about how you can be proactive when it comes to ensuring the safety of your computers. 

 



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