New CyberAttacks Focus on Anyone Who Crosses Their Path

Security is becoming a great challenge for experts who are now faced with ransomware-a type of self-replicating malware. Unlike the self-replicating viruses, that we are all used to, ransomware attacks are targeted campaigns that we must understand if we hope to protect ourselves and those in our circles.

When your system is infected by this malware access to it is denied unless you pay a ransom demanded. Reports are showing increased infection rate this year, which is all the reason for you to be extra careful. Infection rates doubled in April but perhaps even scarier is Microsoft’s latest announcement of ransomware that is copying itself to USB and network drives. The software titled ZCryptor comes disguised as a Microsoft Office file or Adobe Flash installer to increase chances of being opened by unsuspecting Internet users.

Once you’ve been tricked into opening the file, the software will ask you to insert a disk into drive D’, but this is only a distraction as the rogue software works behind the scenes to bury a registry key deep in your system and begin encrypting all your files.

In the past was possible to encrypt files on shared networks using software like alpha ransomware but this is the first time malware is able to self-replicate via removable drives. When Microsoft first discovered the malware in May, Zcryptor ransomware only targeted 88 file types, but now it is evident that they aim to encrypt at least 121 file types. This simply that the creators are rapidly developing its source code to make it harder for security experts to stop the extortion.

Such software is designed to deny access to systems that can only be returned for a fee. Most ransomware usually demands payment in Bitcoins and Zcryptor is no different. Bitcoins are a form of online currency that is mostly untraceable. They often demand 1.2 Bitcoins which is the equivalent of $500, but that is only if four days have not passed after your system was infected. If this is the case, you will have to pay an exorbitant 5 Bitcoins meaning that you will lose $ 2,700. While this is a huge amount of money to pay, most people are forced to because of the valuable and often private information that they need access to.

Thankfully the newest ransomware is wholly avoidable in comparison with other more complex types but only if you are extremely cautious. Protect yourself by making a habit of verifying sources of all downloads and email attachments before opening files. Experts advise people to avoid opening suspicious files to prevent unnecessary infections. Computer and internet users everywhere need to disable macros in Microsoft Office programs and regularly update security software. It is also important to maintain regular backups of your files to avoid falling prey to the ransom seekers.

If this information has you totally stunned and worried about security, then take a moment and make sure you are protected. The worst position to be in is on the receiving side looking for solutions. If you need help choosing a platform to secure your data, look for a new post from us next week, where we review some security prevention and protection systems.

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