10:38 03.07.2017The first known origin of Ransomware
In a camera-ready twist, the demand for ransom actually did come in the form of an analog note. Users were instructed to turn on their printers, which promptly spat out a demand for a “licensing fee” of $189 to be paid …
Petya is a type of ransomware that appeared in early 2016 and returned to a trick first seen in the early 1990s, whereby criminals do not encrypt all the files on your computer but instead they attack a part of the operating system called the Master File Table (MFT).
From the looks of images being posted across social media, the ransomware note is in English and demanding $300 in Bitcoin, similar to the WannaCry ransom.
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We are obviously researching on malware and system vulnerabilities that have existed and those emerging. The recent cyber attacks have been an eye opener for us here at cod.e
After finding the reference to this domain in the Trojan’s code, the researcher registered the domain, thus suspending the attack. In the remainder of the day, the domain was addressed tens of thousands of times, which means that tens of thousands of computers were spared.
These numbers all support the fact that connected media and devices are now an integral part of daily life for most people around the world. In particular, smartphones have brought connectivity to more than half of the world’s population, so it’s time for businesses, NGOs, and governments everywhere to stop thinking of digital, social, and mobile as ‘new’ or ‘emerging’ media.
The hack tricks unsuspecting users into opening infected Word documents which subsequently run malicious macros once the file has been loaded.
By attacking business networks, servers and devices, hackers are accessing secrets and confidential strategies and creating huge losses for the overall economy.
If an attacker can control and manipulate the accounting system of the company to commit mass systems fraud, it can create more devastating and long term consequences for the company…
